Only four months into 2022, and Australians have already watched several climate disasters unfold across the continent, from coral bleaching to devastating floods and bushfires. 7NEWS
Climate change has a huge footprint in the number of disasters, report authors said.
“If we don’t get ahead of the curve, it will reach a point where we cannot manage the consequences of disaster,” she said.That means society needs to rethink how it finances, handles and talks about the risk of disasters and what it values the most, the report said. In 1990, disasters cost the world about $70 billion a year. Now they cost more than $170 billion annually, and that’s after adjusting for inflation, according to report authors. That include indirect costs we seldom think about that add up, Mizutori said.
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