Disasters kill people & erode development gains.

Climate change science has taught us that human activity is responsible for adverse meteorological phenomenon like unfavourable weather patterns and degradation of geophysical assets like land or underground water aquifers. This erodes the neat distinction, drawn earlier, between natural disasters – earthquakes, volcanic eruptions, subsidence, floods, epidemics- which could only be managed not prevented, and – anthropogenic disasters, linked to technology failures or direct human action like war. Sadly, nature does not discriminate between the poor and the rich whilst unleashing its fury- even though we know today, that most disasters are human induced via policy failures encouraging indiscriminate consumption of natural assets by the latter.

Per the Centre for Research on Epidemiology of Disasters (CERD) database. In 2021, globally 432 were recorded, versus 357 per year over the previous two decades. Most prominent were floods. During monsoons, floods in India claimed 1,282 lives. In Afghanistan floods claimed 260 lives. In China floods claimed 352 lives, affected 14.5 million people, and imposed a cost of US$ 16.5 billion – about 0.1 percent of its current GDP. Floods and subsequent landslides were the second most severe disaster imposing a cost of US$ 40 billion in Germany – about 0.9 percent of its current GDP. Five of the top ten most economically costly disasters occurred in the United States of America imposing a total economic loss of US$ 112.5 billion about 0.5 percent of current GDP.

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