Disaster risk reduction experts have ended round of talks to fix benchmarks of success in curbing the impact of natural and man-made hazards through to 2030.
Economic losses have risen steadily, stoked by climate change, unbalanced urbanization and inequalities, and now average US$250 billion to US$300 billion a year, according to UNISDR’s 2015 Global Assessment Report. Reducing risk is also good business sense, with studies showing that every dollar invested in preparedness saves up to seven dollars in aftermath costs.
In Nigeria, flood killed 363 people and displaced over 2.1 million people in November 2012.
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