Real cost of disasters is 10 times higher than previously thought, says UN
That’s according to a report released Tuesday by the UN’s disaster risk reduction agency, UNDRR. While current estimates suggest the global economic impact of natural emergencies – such as earthquakes, landslides and floods – amounts to around $200 billion annually, this figure represents “only a fraction of the real costs,” said Jenty Kirsch-Wood, head of […]
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