Natural Disasters Already Cost $40 Billion A Year. It Could Get A Lot Worse. - 0 views
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Adriana Trujillo on 25 May 16Thirty years ago, natural disasters cost about $14 billion annually, while today that number is closer to $40 billion, a report by World Bank's Global Facility for Disaster Reduction and Recovery reveals. Experts point to climate change as one cause of increased instances of natural disasters.