he cost of natural disasters has hit $2.5 trillion so far this century, far higher than previously estimated, a UN report said Wednesday, urging companies to face up to the risks. The study by the UN International Strategy for Disaster Risk Reduction (UNISDR) said the figure, representing only direct losses,…
Sir John Beddington says governments must act in face of climate change, more older people and rapid urbanisation Ageing populations and urbanisation could leave the world’s poorest countries increasingly vulnerable to natural disasters, the UK’s chief scientific adviser warned on Tuesday. “Vulnerability will go soaring,” said Sir John Beddington. “Extreme…
Climate change played a role in a nearly five-fold jump in weather-related natural disasters in North America over the last 30 years, Munich Re, the world’s largest reinsurer, said on Wednesday. North America saw the world’s biggest increase in natural catastrophes between 1980 and 2011, ahead of Asia which had…
Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday. In an assessment of 197 countries, British risk consultancyMaplecroft said six Asian countries were among the 10 countries whose economies were most vulnerable to catastrophes. The list is headed…