Disasters cost far more than the headlines reveal.

 

The real cost of Disasters

 In 2023, disasters caused $202 billion in direct economic losses — but that’s only the beginning. When you count supply chain breakdowns, lost livelihoods, and long-term impacts, the real cost soars to $2.3 trillion, draining over 0.2% of global GDP. For 61 vulnerable countries, extreme disasters hit more often than every decade — pushing governments into fiscal crises and leaving communities trapped in cycles of loss and instability. But there’s another way forward: 

🌱 Invest in disaster risk reduction (DRR). 

In Pakistan, restoring mangroves has: 

  • Delivered a 20-fold return on investment 
  •  Boosted local incomes 
  • Saved millions in avoided disaster damage

 DRR isn’t a cost — it’s an investment in lives, livelihoods, and prosperity for generations to come. 

Location: 405 E 45th St, New York, NY 10017, USA

Comments

Post a Comment

Popular posts from this blog

Climate Summit 2025.

Image
To accelerate momentum, the UN Secretary-General will host a Special High-Level Event on Climate Action on 24 September 2025, as a platform for leaders to present their new Nationally Determined Contributions (NDCs) . By COP30, all Parties to the Paris Agreement must submit new national climate plans or "Nationally Determined Contributions (NDCs) that reflect bold action for the next decade. These updated plans are a chance to unlock the benefits of a just, resilient, low-carbon future. To accelerate momentum, the UN Secretary-General will host the Climate Summit 2025 on 24 September 2025, as a platform for leaders to present their new Nationally Determined Contributions (NDCs). This event will also bring together leaders from government, business, and civil society, around thematic Solutions Dialogues, to put forward ideas to drive action across mitigation, adaptation, finance, information integrity and other critical area s, in line with the Paris Agreement and COP30 prioritie...
Read more

Press Conference on Hurricane Melissa.

Image
Hybrid press briefing by Francisco Pichon, Resident Coordinator for Cuba and Gregoire Goodstein, Humanitarian Coordinator ad interim for Haiti. They will brief on Hurricane Melissa. Watch the Press Conference: Francisco Pichon, Resident Coordinator for Cuba and Gregoire Goodstein, Humanitarian Coordinator ad interim for Haiti on Hurricane Melissa! Press Conferences .
Read more

Disaster resilience starts where we live.

Image
Homes are where people live, sleep, and care for one another, and seek shelter and security. For many, they are central to wellbeing and stability. However, the ways homes are planned, built, financed and maintained determine whether risk is reduced or created. When houses are located in high-risk areas, built without disaster-resilient designs, or inadequately maintained to withstand growing hazards, homes become sites of vulnerability, contributing to loss of lives, displacement and economic losses. These risks often have differentiated impacts on women, children, older persons, persons with disabilities, low-income households and gender-diverse groups, particularly where inequalities in housing, land tenure, access to resources, mobility, caregiving responsibilities and decision-making persist. The Midterm Review of the implementation of the Sendai Framework found persistent challenges in enforcing risk-sensitive land-use and building regulations, and in effectively involving commu...
Read more