Category Archives: Economic Impact

World Bank Report on Annual Cost of Natural Disasters

From the World Bank, Natural Disasters Cost $520B a Year.  Some details: Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported, the World Bank said in a report. The … Continue reading

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Cost of Disasters in 2016 – from Swiss Re

Disasters claimed 10,000 lives, cost $158 billion in 2016: Swiss Re More than 10,000 people died as a result of natural and man-made disasters during 2016, with financial losses totalling at least $158 billion, Swiss Re said on Thursday. At … Continue reading

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Are Some Communities Surviving on Disaster Relief Funds?

This is a new and important topic for those of us interested in the recovery phase. Your comments are invited. From a FL newspaper, see this article: FEMA money keeps many Florida counties afloat. This article references a Bloomberg News … Continue reading

Posted in Assistance, Economic Impact, FEMA | 2 Comments

Infographic on High Cost of Repeatedly -Flooded Properties

From Pew Trust, this infographic re  high cost of flooded properties. Thanks to Chris Jones for the link.

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Disasters Push Millions of People into Poverty – World Bank

Natural disasters push 26 M into poverty each year, says World Bank. Study finds floods, storms and droughts cost global economy $520 B a year and highlights need to tackle climate change. Here is a Canadian article on the same … Continue reading

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Weather Trends Will be Costly for Emergency Managers

Damaging, costly extreme-weather winters are becoming more common in U.S. The simultaneous occurrence of warm winters in the West and cold winters in the East has significantly increased in recent decades. The damaging and costly phenomenon is very likely attributable … Continue reading

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Extreme Weather Events Have Had Huge Cost

Extreme Weather Disasters Have Cost U.S. Taxpayers Tens of Billions Since 2015. NOTE: Be sure to download the full report if you want to see the useful data, of events by type and by state, provided.  A new analysis done … Continue reading

Posted in Economic Impact, Financial Aspects, Weather | 2 Comments