Nepal flood reconstruction bill to be $4.78 bn: foreign ministry
The Nepalese government has estimated that $4.78 billion is required for reconstruction following a catastrophic glacial collapse that caused deadly floods last month. The disaster, which resulted in over 1,400 deaths and thousands missing, has prompted Prime Minister Balendra Shah to seek international support for climate change adaptation.
Why it matters
This event highlights the severe economic and humanitarian impact of climate-induced disasters on developing nations that contribute minimally to global emissions. It underscores the growing urgency for international climate financing and infrastructure resilience in the Himalayan region.
The reconstruction bill after deadly floods sparked by a glacial mountain collapse that hit Nepal last month would amount to $4.78 billion, the foreign ministry said on Friday (September 11, 2026).
The tsunami-like surge of water, mud and debris on August 26, which began on the China-Nepal border, killed more than 1,400 people and left some 5,600 missing.
"The total estimated requirement for reconstruction is approximately $4.78 billion," Nepali foreign ministry spokesman Lok Bahadur Chhetri told reporters.
"Of this, approximately $57.67 million is estimated to be required for short-term reconstruction and recovery over the next six months, while approximately $4.71 billion is required for longer-term reconstruction."
Nepal's leaders say the Himalayan country needs long-term international support to adapt to a rapidly changing mountain environment.
Prime Minister Balendra Shah said earlier that Nepal must "strongly raise" with the international community the disasters it has experienced as a result of climate change.
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