Natural disaster costs to triple, warns World Bank

James S Murray
clock

Report warns that without co-ordinated action from governments, disruption from natural disasters will increase

The cost of natural disasters is expected to triple to $185bn per year by the end of the century, according to a report unveiled yesterday by the UN and the World Bank. However, the report argued that...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Meals, miles, emissions: The overlooked 'social' side of sustainability

Meals, miles, emissions: The overlooked 'social' side of sustainability

Though the 'S' in ESG often struggles for airtime compared to 'E', it has a symbiotic relationship with its 'heavyweight sibling', writes Neighbourly’s Steve Butterworth

Steve Butterworth, Neighbourly
clock 02 September 2025 • 4 min read
Met Office declares summer 2025 the hottest on record

Met Office declares summer 2025 the hottest on record

Provisional data suggests the past summer has been the hottest on record, sparking fresh calls for government and businesses to enhance climate resilience

James Murray
clock 02 September 2025 • 5 min read
PepsiCo cut Scope 1 and 2 emissions by almost a fifth in 2024

PepsiCo cut Scope 1 and 2 emissions by almost a fifth in 2024

Maker of Doritos, Pepsi, and Quaker oats reveals first ESG update since confirming it has delayed its net zero goal by a decade

Stuart Stone
clock 01 September 2025 • 5 min read