DAMAGE TO LIFE AND ECONOMY GLOBALLY
AN OVERVIEW
As per WMO, over the past 50 years, some 11,000 disasters involving weather climate and water-related hazards have occurred claiming 2 mn lives and causing more than $3.5 trn in economic losses One third of every 100,000 people is still not covered by early warnings
DEATHS CAUSED BY NATURAL HAZARDS (1970-2019)
ECONOMIC LOSSES DUE TO NATURAL HAZARDS (1970-2019)
Total - US$ 3640.1 billion
Reported economic losses in US$ billion
RISE IN NUMBERS (1970-2019)
The average number of deaths recorded for each disaster has fallen by a third during this period The number of recorded disasters has increased by up to 5 times whereas the economic losses have increased by 7 times
WORST HIT COUNTRIES
Source: UN office for disaster reduction
SHARE OF DISASTERS
45% FLOODS account for the green economic loss 57
36% STORMS accounting for highest impact on lives-72% of the total life lost.
In Asia alone, 3,456 disasters were reported between 1970 and 2019, which lead to a loss of 975,778 lives and economic damage of US$ 1.,204 bn
Currently, only 65% of people are covered by early warnings from natural hazards globally
WHAT DOES THE FUTURE HOLD?
In 2018, around 108 mn people sought help from international agencies to cope with natural disasters By 2030, it is estimated that this number could Increase by almost 50%, at a cost of around US $20 bn a year.
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