The hidden $1 trillion disaster cost we can prevent.
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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
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...
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 .
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...
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