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

2015-03-06 12:18:00| Climate Ark Climate Change & Global Warming Newsfeed

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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