The hidden $1 trillion disaster cost we can prevent.

 

Every year, disasters cost more than we think. When we include damage to ecosystems, health impacts, and economic disruption, the global bill exceeds $1 trillion annually — and the hardest-hit communities are often the least equipped to recover. The truth is: most of these losses can be prevented. In this video, experts from around the world reveal: The three harmful cycles driving disaster losses How hidden financial risks threaten businesses and economies Why traditional insurance is failing in a changing climate The need for disaster risk financing strategies that protect people, nature, and economies. Together, we can break the cycle by integrating risk reduction, risk transfer, and risk management into all decision-making — for a more resilient future