A prominent Japanese political figure appealed to U.N. member states Tuesday to implement guidelines approved in Japan last year aimed at saving lives and minimizing the economic impact of tsunamis, earthquakes and other natural and man-made disasters. Toshihiro Nikai, chairman …
Preliminary results of a catastrophe modelling study presented at the Third UN World Conference on Disaster Risk Reduction show little prospect of reducing economic losses from present levels of $240 billion per year. According to Dr. Milan Simic, senior vice …
The global economic losses from natural disasters like earthquakes, floods, droughts and cyclones and have continued rising to reach an average of $250 billion to $300 billion annually, according to a U.N. report released Wednesday. The report, produced by the …
The average annual cost of natural disasters has quadrupled over the last three decades and it makes economic sense to boost spending on preparedness to ensure a stable future, a senior European official said Thursday. Kristina Georgieva, European Commissioner for …
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report released Wednesday. The U.N. Office for Disaster Risk Reduction warned in …