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Invest more to anticipate all these disasters
A whopping $2.245 billion of that is attributed to climate-related disasters.
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Greenpeace activists display a big banner reading 'We still have hope, Climate action now!' during an activity prior to a press conference of the Intergovernmental Panel for Climate Change (IPCC) at Songdo Convensia in Incheon on October 8, 2018. (AFP/Jung Yeon-je)
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limate change is now a major multiplier of disaster losses worldwide. There has been a doubling of extreme weather events in the last 20 years which have experienced some of the hottest years on record.
A new report published to mark International Day for Disaster Reduction, Oct. 13, spells out clearly that 91 percent of major disaster events are extreme weather events and they account for 77 percent of the recorded economic losses from climate and geophysical events.
Total recorded economic losses for the last 20 years are significantly under-reported but come to a total of almost US$3 trillion, according to an analysis of the global data base maintained by the Center for Research on the Epidemiology of Disasters
And, a whopping $2.245 billion of that is attributed to climate-related disasters.
