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UN says natural disasters have cost $2.5 trillion since 2000

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,…

Scientists warn world’s poorest countries increasingly vulnerable to natural disasters

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…

Re-insurer: Climate change played a role in natural disaster spike

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…

Research: Asian economies most at risk for natural disaster crisis

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…

Taiwan mobilizes its drones for the first time

TAIPEI — Taiwan has mobilised its drones, which were introduced to the army earlier this year, for the first time to survey natural disasters, local media reported Sunday. The unmanned aircraft were sent to areas inundated by flash flooding and mudslides sparked by a monsoon last week, the Taipei-based China…