×

Nepal seeks grants, not loans, for flood recovery after deadly glacier disaster

By Thomson Reuters Sep 24, 2026 | 9:06 PM

Sept 24 (Reuters) – Nepal Prime Minister Balendra Shah called for grant-based international support at the United Nations General Assembly on Thursday to help the Himalayan ​nation recover from the glacier flood that killed ‌at least 1,450 people.

Shah said in New York that Nepal’s recovery and reconstruction needs were estimated at about 10% of gross domestic product following the flood that struck mountain communities four weeks ago, and ‌argued ​that vulnerable countries should not be ⁠forced to take on ⁠additional debt to rebuild from catastrophic climate events.

“When a climate-driven disaster destroys infrastructure of a poor country, the answer cannot simply be another mega loan or a ​patchwork of small grants,” Shah said. “We need adequate grant-based support from the world.”

He urged closer cooperation between Nepal, ⁠India and China on climate resilience, ⁠calling for an urgent Himalayan mechanism to ​share satellite data, monitor glacial lakes, strengthen early-warning systems and ​coordinate disaster responses across borders.

The Nepalese leader said the ‌flood, which he described as a warning of the growing risks posed by climate change, had swept away roads, bridges, schools, homes and livelihoods, interrupting Nepal’s development progress.

The ⁠collapse of a glacier near the border between Nepal and China’s Tibet Autonomous Region in late August triggered landslides and a ⁠flash flood that ‌tore through valleys downstream. Weeks later, search ⁠and recovery operations were still under way, ​with more ‌than 6,000 people remaining missing in the ​area. Shah ⁠said many of them may never be found.

The World Bank earlier this week made available up to $170 million in emergency financing to help Nepal respond to the disaster and begin recovery efforts.

(Reporting by Mrinmay Dey in Mexico City; Editing ​by Kevin Buckland)