Disasters are becoming more frequent, more costly, more devastating.
Direct disaster losses now average $202 billion per year, but the true cost, including indirect and ecosystem impacts, is 11 times higher: nearly $2.3 trillion annually.
Despite this, investment in disaster risk reduction remains far too low. The result? Billions spent each year on repairing disaster damages that could instead drive sustainable development.
𝗧𝗵𝗲 𝗲𝘃𝗶𝗱𝗲𝗻𝗰𝗲 𝗶𝘀 𝗰𝗹𝗲𝗮𝗿:
– Safer buildings in Central America could avert $1.1 billion in annual losses.
– Flood exposure has risen by 25%, with the heaviest toll in Asia.
– Tropical cyclones alone cause $119.5 billion in annual losses.
– Droughts have affected 1.5 billion people in just one decade, costing $125 billion.
Investing in resilience saves lives and frees up resources. Funds saved by reducing risk today can power the sustainable development of tomorrow.
United Nations Office for Disaster Risk Reduction (UNDRR)👉 https://ow.ly/A6Ss50X9Kpc
