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Asian Development Bank Approves $5 Million Emergency Grant for Nepal

The Asian Development Bank has authorized a $5 million emergency grant to bolster rescue and relief efforts in Nepal following catastrophic flooding on August 26. The disaster, which devastated communities along the Bhotekoshi and Trishuli river systems, left families displaced and stripped of essential services across three key districts.

Asian Development Bank Approves $5 Million Emergency Grant for Nepal

The funding, channeled through the Asia Pacific Disaster Response Fund, targets the immediate provision of food, clean water, medical supplies, and temporary shelter. Beyond these essentials, the grant covers the procurement of search and rescue equipment and critical debris clearance, which remains a primary hurdle for emergency teams attempting to navigate damaged infrastructure in Rasuwa, Nuwakot, and Dhading.

ADB President Masato Kanda emphasized that the commitment aims to provide rapid support while the full scale of the loss is still being evaluated. The bank is currently coordinating with Nepal’s National Disaster Risk Reduction and Management Authority and various United Nations agencies to ensure resources reach isolated populations effectively.

Looking toward the long-term, the bank is processing an additional $150,000 to facilitate a comprehensive post-disaster needs assessment. This study will guide reconstruction planning and identify specific vulnerabilities in infrastructure that require rehabilitation. As Nepal shifts from active rescue operations to recovery, the focus will move toward restoring livelihoods and fortifying public services against future climate-related hazards, building on the bank's existing institutional partnerships within the region.

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