You are here: Home » International » News » Economy
Business Standard

Graphic: Floods may cost South Asia $215 billion a year by 2030

Flooding accounted for 47 per cent of all weather-related global disasters between 1995- 2015

Business Standard 

People walk along a flooded street during heavy rain showers in Mumbai. Photo: PTI
People walk along a flooded street during heavy rain showers in Mumbai. Photo: PTI

In 2016 alone, Asia reported losses worth $87 billion from 320 natural disaster events. Flooding accounted for 47 per cent of all weather-related between 1995- 2015, the said in a report. Of the 2.3  billion people affected, 95 per cent were in Asia. In a region that houses three of the world’s 10 most-populated countries — India, Pakistan and Bangladesh — the cost to lives and livelihoods adds up. Here is a look:

Graphic: Floods may cost $215 billion a year for South Asia by 2030
Graphic: Floods may cost $215 billion a year for South Asia by 2030

 

First Published: Thu, September 14 2017. 01:13 IST
RECOMMENDED FOR YOU