Pakistan and India: The Human Cost of Rising Global Natural Disasters Mounts Exponentially
Floods in Pakistan and India have reignited the debate on the mounting cost of global disasters, as these natural disasters continue to break records and cause widespread devastation worldwide.
Global natural disasters are striking harder and more often, with climate emergencies now breaking records, as floods in Pakistan and India re-ignite the debate on the mounting cost of global disasters that have a significant impact on the international community. The rising frequency and severity of these events pose major economic challenges to nations, particularly developing countries like Pakistan and India. According to reports, natural disasters are costing the world over $150 billion annually, with climate-related hazards accounting for a substantial portion of this figure. As the global cost of natural disasters continues to mount, experts stress the need for collective action to mitigate the effects of climate change.
