World Bank: $ 520 million losses caused by natural disasters

World Bank: $ 520 million losses caused by natural disasters




14/11/2016 20:42

# National Center Brief

On the sidelines of the conference "parties" held in the city of Marrakech , Morocco, the World Bank published a report stating that natural disasters caused losses estimated at $ 520 billion, and paid 26 million people into poverty each year.

The World Bank reported that natural disasters caused losses of nearly $ 520 billion a year, and paid 26 million people into poverty, in a report published Monday on the sidelines of the Conference of the Parties held in Marrakech , Morocco. The World Bank pointed out that these estimates of losses of more than 60% from the United Nations estimates, explaining that he had taken in his figures of damages incurred by the poorest.

The report stated that " the economic and humanitarian consequences of natural disasters far greater than we thought." The authors of the report has not been limited in their estimates the material damage alone (buildings, houses, roads, etc.), but also on the "well - being" of the population losses (inability to secure the health, food and education expenses, etc.).

For his part, Stefan Halgat report coordinator , told AFP that " the material loss is not a serious indicator because it does not take into account sufficiently the poorest."

And natural disasters have led to the transfer of 26 million people below the defined poverty threshold of $ 1.90 a day.

LINK