Nepal Launches Campaign for Climate Compensation Following Bhotekoshi Floods

The CSR Journal Magazine

Nepal has formally begun an initiative to secure climate-related compensation from major greenhouse gas emitters following devastating flash floods in the Bhotekoshi river basin on August 26. The country argues that aid extended after such environmental disasters should be regarded as a moral obligation rather than mere charity. This shift in perspective aims to highlight the pressing need for accountability among nations responsible for significant greenhouse gas emissions.

Shisir Khanal, Nepal’s Foreign Minister, stated that even though the country contributes “virtually negligible” levels of greenhouse gases, it faces severe consequences from global warming, including accelerated glacier melting and extreme weather events. In an interview broadcasted on Kantipur TV, Khanal expressed, “We are paying the ultimate price for a global crisis we did not create.”

This evolving diplomatic framework is focused on advocating for justice and compensation rather than traditional aid. Khanal indicated that Nepal plans to present its case with determination at international forums, emphasizing that compensation is not just ethical, but also a legal imperative for major greenhouse gas producers.

Impact on Regional Stability

The minister highlighted that the challenges posed by climate change are of regional significance. “This is a matter of civilisational survival,” he noted. The potential disappearance of Himalayan glaciers could threaten the water security of over two billion individuals in South Asia who rely on rivers such as the Ganges and Trishuli. Consequently, Nepal is advocating for action not only for its own challenges but for the broader stability of South Asian society.

In an official communication, Nepal’s finance ministry has dispatched a formal request for climate compensation to its international partners. Khanal has identified China, the United States, and India as the top three sources of greenhouse gas emissions, asserting these nations have a “historical responsibility” to assist vulnerable countries like Nepal in their climate struggles.

India has consistently underscored climate justice and the relatively low per-capita emissions of its populace. New Delhi argues that climate obligations should account for historical emissions, development needs, and capacities. This stance also highlights the responsibility of industrialised nations, which have largely contributed to the global carbon budget, to provide necessary financial support to developing countries grappling with climate-related repercussions.

Formal Appeal to the Loss and Damage Fund

According to reports from The Kathmandu Post, Nepal has made a formal appeal to the board of the Fund for Responding to Loss and Damage for immediate assistance. Established during COP27 in 2022 and operationalised at COP28, this fund aims to provide support to countries significantly affected by climate events. A letter co-signed by Finance Minister Swarnim Wagle and Forests and Agriculture Minister Geeta Chaudhary outlined the devastating impacts of the recent floods, which resulted in loss of life and damage to infrastructure. The full extent of the damage is still being assessed.

Maheshwar Dhakal, a joint secretary at the Ministry of Forests and a board member of the Loss and Damage Fund, noted that this marks the first time Nepal has sought aid through this mechanism. Dhakal mentioned the extensive damage inflicted by the floods and the downstream challenges related to search and rescue, relief efforts, and subsequent rebuilding. He stressed the urgent need for immediate assistance rather than awaiting the board’s next scheduled meeting in December.

The letter underscored the disaster’s impact on a fragile transboundary mountain river system, demonstrating how extreme climate events can quickly affect densely populated areas. It highlighted risks to water, food, and human security in addition to the broader environmental challenges facing Nepal, a least developed and climatically vulnerable country. The government has appealed for a rapid response given the considerable urgency stemming from the recent disaster.

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