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The Independent UK
The Independent UK
Nick Ferris

Nepal’s flooding disaster set to pile billions onto its national debt

A month on from Nepal’s devastating floods, the disaster looks set to pile billions of pounds onto the country’s national debt burden – as experts warn it could become the latest country to face a huge debt bill from a climate crisis it has done little to cause.

On 26 August, more than 100 million cubic metres of rock and glacier broke away from Langtang Lirung mountain on Nepal’s northern border, triggering a 188km/h debris flood that buried villages, changed the course of rivers, and killed more than 1,400 people.

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