8 min readNew DelhiSep 10, 2026 12:34 PM IST
Nepal’s foreign minister, Shishir Khanal, said the country has written to the UN’s fund for responding to loss and damage. (Image: AI-generated)Take a look at the essential events, concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your UPSC Current Affairs knowledge nugget for today on the Loss and Damage Fund.
Knowledge Nugget: Loss and Damage Fund
Subject: International affairs and Environment
Why in the news?
has suffered a catastrophic flash flood, with more than 1,000 dead, thousands still missing nearly 10 days later, and whole villages, bridges and roads swept away. Nepal’s foreign minister, Shishir Khanal, said the country has written to the UN’s fund for responding to loss and damage. In this context, let’s know who has contributed most to the world’s atmospheric carbon dioxide (CO₂), why Nepal is demanding compensation and what is the loss and damage fund all about. 
