Disaster risk outpaces resilience in Asia-Pacific, warns UN regional commission
“Disasters can very quickly strip poor people of their livelihoods bringing deeply disruptive impacts that push them back into absolute poverty or trap them in an intergenerational transmission of poverty,” said
Asia-Pacific Disaster Report 2017 shows that the greatest impacts of disasters are in countries which have the least capacity to prepare or respond to these events. Between 2000 and 2015, the low- and lower middle-income countries in the region experienced almost 15 times more disaster deaths than the region's high-income countries.
Beyond the human costs,
The greatest burden of the losses as a proportion of GDP will be borne by small island developing States with average annual losses close to 4 per cent of their GDP while the least developed countries will have annual losses of around 2.5 per cent of GDP.
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“The absence of an institutionalized insurance culture and adequate post disaster financing threaten our extraordinary economic and developmental achievements. Promoting more, and deeper, collaboration among countries in the region on disaster risk financing will be an
In recent months, the region has seen Typhoon Hato unleash large scale damage in
The report – presented at the opening of the
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