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World Bank Report – Unprepared for a Risky Future

“A new report is warning that the world is ill-prepared for an increasing rise in disasters, spurred by climate change, rising populations and increasing vulnerability of people in large cities and unregulated housing. The report, The Making of a Riskier Future: How Our Decisions are Shaping the Future of Disaster Risk, calls for a radical new approach to assessing risk, which takes into account extremely rapid changes in global disaster risk. Annual total damages from disasters have been increasing for decades and models show that population growth and rapid urbanization could put 1.3 billion people and $158 trillion in assets at risk from river and coastal floods by 2050…”

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