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The Costs of Disaster

The cost of disasters.

The cost of disasters.

Image from the “MANAGING DISASTER RISKS for a Resilient Future” brochure made in collaboration with the The Global Facility for Disaster Reduction and Recovery (GFDRR), the government of Japan and the World Bank.

Disasters can affect anyone. The price we pay during a disaster depends on the economic competence of our nation and the level of risk reduction measures that have been taken in preparation for the disaster.

Since 1980 2.3 million lives have been lost to disasters. With only 9% of these events responsible for 48% of the fatalities. Often for low-income states the cost of a natural disaster can exceed 100% of the national GDP (e.g Haiti earthquake, 2010)!

More information at: http://tinyurl.com/8esau

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