Arya News - The magazine has recognised the finance minister`s efforts to highlight Nepal`s climate vulnerability and push for international compensation following devastating glacial floods.
KATHMANDU – TIME magazine has featured Finance Minister Swarnim Wagle in its list of the 100 Most Influential Climate Leaders of 2026, recognising his efforts to bring Nepal’s climate vulnerability and demand for international climate compensation to the global stage.
In a profile published on Monday, the magazine highlighted Wagle’s campaign for climate justice following the devastating glacial floods that struck Nepal in August, killing more than 1,500 people and displacing thousands.
“Despite emitting a small percentage of global greenhouse gases, developing countries are disproportionately impacted by climate change,” the magazine said, highlighting Wagle’s efforts to keep the issue on the international agenda.
Following the disaster, Nepal formally approached China, the United States and India—the world’s three largest greenhouse gas emitters—with a request for climate compensation.
With the cost of recovery estimated at around $5 billion, Wagle also called for international assistance through the Loss and Damage Fund, a global financing mechanism established to help vulnerable countries recover from climate-related destruction.
On October 22, the United Nations provisionally approved a $21.6 million allocation for Nepal from the fund, marking its first-ever use, according to TIME.
The recognition comes as Nepal steps up its climate diplomacy at the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31), which began in Antalya, Türkiye, on Monday.
Wagle left for Türkiye on Monday to attend the conference, where Nepal is expected to press for greater climate finance, adaptation support and international recognition of the particular vulnerabilities of mountain countries.
Nepal has long argued that countries contributing little to global greenhouse gas emissions are bearing a disproportionate share of the consequences of climate change. These include rising temperatures, accelerated glacier melt, glacial lake outburst floods and increasingly unpredictable weather patterns.
The country has also been calling for easier access to climate finance and stronger international commitments to address loss and damage in vulnerable mountain communities.
The TIME profile is part of the magazine’s 2026 climate leaders collection. The page identifies the material as sponsored content produced in partnership with Ally.