If current trends continue the world will go from around 400 disasters per year in 2015 to an onslaught of about 560 catastrophes a year by 2030, a United Nations report said
People have not grasped how much disasters already cost today, said Mami Mizutori, chief of the UN Office of Disaster Risk Reduction, “If we don’t get ahead of the curve it will reach a point where we cannot manage the consequences of disaster,” she said. “We’re just in this vicious cycle.”
In 1990, disasters cost the world about $70 billion a year. Now they cost more than $170 billion a year, and that’s after adjusting for inflation, according to report authors. Nor does that include indirect costs we seldom think about that add up, Mizutori said. Disasters are hitting poorer countries harder than richer ones, with recovery costs taking a bigger chunk out of the economy in nations that can’t afford it, co-author Markus Enenkel of the Harvard Humanitarian Initiative said.
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