🌊 ADB Grants US$ 5 Mn Emergency Relief for Nepal Floods

• Emergency Financing: Asian Development Bank (ADB) approved a US$ 5 Mn emergency grant via its Asia Pacific Disaster Response Fund following severe floods and debris flows along the Bhotekoshi and Trishuli river systems on 26 August 2026. • Relief & Infrastructure Scope: Funds are directed toward urgent relief—including search and rescue equipment, medical supplies, food, clean water, temporary shelter, debris clearance, and emergency stabilization work. • Affected Regions: Rasuwa, Nuwakot, and Dhading districts experienced widespread casualties, displacement, and severe infrastructure damage, leading Nepal to declare them disaster crisis-affected zones. • Post-Disaster Planning: ADB is processing an additional US$ 150,000 for a post-disaster needs assessment to evaluate economic losses, sectoral damage, and future reconstruction priorities. • Economic Context: Demonstrates multilateral agency support frameworks critical for regional disaster risk reduction, climate resilience, and infrastructure rehabilitation in South Asia.