A$13.5 Billion and Rising: Natural Disasters Push Australia to the Brink
A relentless wave of natural disasters is hammering the Australian economy, compounding a global crisis that is far more costly than previously believed. New findings from the United Nations Office for Disaster Risk Reduction (UNDRR) reveal that global disaster-related losses are nearing US$2.3 trillion—more than 11 times earlier estimates. Financial losses from natural catastrophes have […]
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