Explained: Why small nations like Nepal are hit hard by climate disasters

When devastating floods hit Nepal on August 26, the scale of the destruction quickly became clear. Around 7,500 homes were destroyed, at least 12 hydropower projects were damaged and preliminary losses reached $2.56 billion, nearly a fifth of the country's $14 billion annual government budget.For a country with a small economy, a disaster of this scale can become much more than an emergency. It can affect power, tourism, transport, jobs and government spending at the same time.Nepal is only the...

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