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Disaster-prone countries that keep rebuilding homes, roads and utilities are in danger of becoming uninsurable unless their new infrastructure is built to survive further catastrophe, experts said on Friday at a World Bank conference.
A significant part of the Paris Climate Conference is dedicated to figuring out how to pay for the consequences of climate change that will cause climate-related disasters. This interview discusses these issues, which will mean life or death for millions.
The cost of natural disasters worldwide could hit $314 billion annually by 2030, up from around $250 billion now, as urban expansion continues at a rapid pace and global warming continues to contribute to a rise in natural disasters, according to new rese
By 2050, Fiji’s annual losses due to extreme weather events and the impacts of climate change could reach 6.5 per cent of Gross Domestic Product (GDP), according to a significant new climate vulnerability study.
Technology enables us to understand today what risks may come tomorrow.
With backing from the World Bank, Kenya has launched an insurance program designed to address challenges agricultural producers may face when there are large production shocks, such as droughts or floods.
Natural disasters have a more devastating impact on the poor than widely thought, forcing some 26 million people into poverty each year and setting back global spending on goods and services by the equivalent of $520 billion annually...
A virtual reality film which highlights climate change impacts in Fiji is set to make its return tour next week. Supported by GFDRR, the film has already been seen by more than 600,000 people worldwide, including many global leaders at COP23.
Disaster insurance has quickly risen up the global policy agenda in the last few years, where phrases like “loss and damage mechanisms” and “micro-insurance schemes” are catching fire in climate change discussions.
Cities around the globe are slowly transforming into climate-resilient hubs.