INDIA AMONG THE MOST VULNERABLE COUNTRIES IN ASIA-PACIFIC
Dr. Gyan Pathak
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2023-07-27 15:23
Disaster emergency has come, and the current losses are set to multiply, if appropriate actions are not taken urgently. Over 140 disasters struck Asia-Pacific region in 2022 leading to over 7,500 deaths, affecting over 64 million people causing economic damage estimated at US$ 57 billion. Moreover, due to a narrow window to increase its resilience and protect its hard-won development gains from the socioeconomic impacts of climate change, the cost of inaction now would cause average annual losses increasing from $924 billion to almost $1 trillion, or from 2.9 to 3 per cent of the regional GDP.