UN calls for investment in disaster resilience as costs reach $300bn per year

Blue and Green: The UN is calling on countries to increase investment in risk reduction strategies after it revealed in a report that the cost of disasters worldwide has reached an average of $250 billion (£164) to $300 billion (£197bn) every year. The Global Assessment Report on Disaster Risk Reduction has been published ahead of a conference on disaster reduction taking place in Sendai, Japan, between the 14 and 18 March. The UN argues that climate change is already increasing the risk of disasters, from......

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