Natural disasters drive 26 million into poverty annually: World Bank
Natural disasters drive at least 26 million people into poverty each year and cause more than $500 billion in lost consumption, far exceeding the value of damage to property alone, according to a World Bank report released Monday.
Those numbers will be driven up in the coming decades as climate change amplifies the destructive power of cyclones, flooding and drought, said the report, released on the margins of high-level UN climate talks in Marrakesh.
© 2016 AFP
Citation:
Natural disasters drive 26 million into poverty annually: World Bank (2016, November 14)
retrieved 25 April 2024
from https://phys.org/news/2016-11-natural-disasters-million-poverty-annually.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.
