On April 25, 2015, a 7.8 magnitude earthquake devastated Nepal, followed less than one month later by a 7.3 magnitude earthquake. Together, the earthquakes took 8,970 lives, left thousands homeless, and impacted 8 million people. A Post Disaster Needs Assessment (PDNA), supported by the World Bank and other development partners, estimated the physical damage to be around $7 billion.
The World Bank provided the largest financial support to the Government of Nepal on post-earthquake recovery and reconstruction through the Earthquake Housing Reconstruction Project (EHRP). One of the largest post-disaster owner-driven housing reconstruction initiatives in the world, the $700 million IDA credit and $34.45 million Multi-donor Trust Fund supported by the Governments of Canada, United States, Switzerland, and United Kingdom, built over 300,000 houses, and provided technical assistance to communities and local governments for a resilient recovery.
