Arab Today, arab today un disasters cost 380 bln in 2011
Last Updated : GMT 05:42:12
Arab Today, arab today
Arab Today, arab today

UN: Disasters cost $380 bln in 2011

Arab Today, arab today

Arab Today, arab today UN: Disasters cost $380 bln in 2011

United Nations - AFP

Disasters led by the Japan earthquake cost the world a record figure of more than $380 billion last year, a UN official said Monday. While countries are managing to control the disaster death toll, economic costs are increasing more than ever before, said Margareta Wahlstrom, the UN special envoy on disaster risk reduction. She called the $380 billion figure \"the minimum\" cost, two thirds higher than the last record in 2005 when the United States suffered huge losses from Hurricane Katrina. This time, earthquakes in Japan and New Zealand, as well as floods in Thailand and other countries sent the cost skyrocketing. \"Earthquakes are the costliest and the deadliest of disasters,\" Wahlstrom told a press conference to mark the first anniversary of the Japan quake on March 11 last year. The quake, tsunami and nuclear explosion at Fukushima caused more than $210 billion of damage, according to the UN disaster risk reduction agency headed by Walhstrom. It has put the cost of the Thailand floods at more than $40 billion. New Zealand\'s central bank has estimated that the deadly earthquake on February 22 last year caused about $25 billion in losses, just for rebuilding. \"The main message is that this is an increasing and very rapidly increasing trend, with increasingly economic losses,\" Wahlstrom said. \"Globally, the disaster mortalities are proportionally declining because countries are getting much better at early warning systems and preparedness,\" she said. \"But the economics of disasters is becoming a major threat to a number of countries.\" From 1999 to 2011, 45,400 miles (73,000 kilometers) of roads were ripped apart by disasters in just 19 countries in Africa, Asia and Latin America, Wahlstrom said. Almost 64,000 schools were destroyed in the same time. Fifty percent of the world\'s seven billion people are now exposed to disaster risks because they live in vulnerable areas, according to the UN official.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today un disasters cost 380 bln in 2011 Arab Today, arab today un disasters cost 380 bln in 2011

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today un disasters cost 380 bln in 2011 Arab Today, arab today un disasters cost 380 bln in 2011

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday