Natural Disasters and Poverty

Natural disasters push 26m into poverty each year, says World Bank, By Larry Elliott, November 14, 2016, The Guardian: “Floods, earthquakes, tsunamis and other extreme natural disasters push 26 million people into poverty each year and cost the global economy more than half a trillion dollars in lost consumption, the World Bank has said.  A bank study of 117 countries concluded that the full cost of natural disasters was $520bn (£416bn) a year – 60% higher than any previous estimate – once the impact on poor people was taken into account…”

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