By Martin Lasater
April 21, 2015
According to a 2013 World Bank report, the Asia-Pacific has accounted for 61 percent of global losses from disasters in the past 20 years, with more than 1.6 billion people affected in the region since 2000. Total losses from Asia-Pacific disasters for the years 1980-2011 were an estimated $453 billion.
Speaking about the report, World Bank East Asia and Pacific Vice President Axel van Trotsenburg observed: “East Asia Pacific is the region that is most affected by cyclones, tsunamis, earthquakes and floods. To confront these disaster challenges, governments need to be prepared for the unexpected and undertake major investments in disaster risk management and resilience.”
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