Climate experts say global warming is likely to spawn more weather extremes, such as the recent October snowstorm, at a huge cost. NBC’s Anne Thompson reports.
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2011 was the costliest year on record for disasters with estimated global losses of US$380 billion and beyond 2013, disaster losses set to outpace economic growth with expected global disaster losses to hit US$500 billion. It is pertinent to focus on best practices on natural disasters prevention and effective respond across Asia Pacific, Middle East, Europe and the region, in order to minimize future losses. Be updated on latest technology and natural disasters prevention's construction and state-of-the art flood prevention as well as solution to optimizing earthquake mitigation.
Disaster losses in across Asia Pacific, Middle East, Europe and the region are likely to rise faster than economic growth unless there is an effective disaster relief and recovery strategy. Damaged caused by disasters, such as floods and earthquakes, is outpacing wealth creation. Economic exposure to disasters is increasing faster than per capita gross domestic product and the impacts of climate change on the severity and frequency of hazards will further accentuate trends in disaster losses in the future. As such, average global economic disaster losses have risen by 200 percent over the last 25 years. 2011 was the costliest year on record for disasters with estimated global losses of US$380 billion. The most expensive events included the Japan earthquake and tsunami and floods in Thailand which affected industrial areas as well as the magnitude 9.0 Tohoku earthquake on 11 March 2011 and the February 2011 Christchurch earthquake of a magnitude 6.3 as well as the recent flood in China in 2011, leaving a total of over 36 million people have been affected, killing at least 355 and with direct economic losses.
|Terrabone Tiger Dam:
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