Less than $1 of every $5,000 of crisis finance goes to low income...
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Munich Re promotes Parametric solutions for Cat losses in India
An one day event on ``Disaster Risk Transfer and Financing...
With ‘zero casualty’ goal, India becomes global leader in disaster management: Amit Shah
Union Home Minister Amit Shah said that earlier the approach to...
Fragile Himalayas: Unchecked pilgrimage, construction in Uttarakhand spell disaster for the region
Environmentalists point to the road expansion project as another factor posing a serious risk to the stability of the region, already highly prone to climate-driven disasters, experts say. Crumbling mountainsides, sinking towns and untrammelled construction. It is...
Powerful Cyclone Mocha makes landfall in Myanmar, tearing off roofs and killing at least 3
Titon Mitra, the U.N. Development Program representative in Myanmar, tweeted: “Mocha has made landfall. 2m people at risk. Damage and losses are expected to be extensive. We are ready to respond and will need unhindered access to all affected communities.” DHAKA:...
Cyclone Mocha: Overheated Bay of Bengal fuelling a climate crisis
Extreme weather hazards will occur more frequently due to climate change in the years ahead, the International Organization for Migration (IOM) warned "The linkages between climate change, migration, and displacement are increasingly pressing worldwide," it said,...
UN agencies brace for disaster as Cyclone Mocha intensifies in Bay of Bengal
Extreme weather hazards will occur more frequently due to climate change in the years ahead, IOM warned ““The linkages between climate change, migration, and displacement are increasingly pressing worldwide,” the agency said, calling on governments to implement...
World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives
World Bank Vice President for South Asia Region Martin Raiser said the World Bank's 'Resilient Kerala Programme' to support the state's preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics was progressing well....
War, natural disasters left record 71 million people internally displaced in 2022, report says
The number of people displaced inside their country at the end of the year because of disasters like floods and famine reached 8.7 million, up by 45 per cent from 2021 The war in Ukraine helped push the global total of people left internally displaced by conflict or...
Aon launches dedicated unit to drive climate analytics and advisory into multiple sectors
More than 400 natural catastrophes caused $313 billion of damage worldwide in 2022 As climate change drives new extreme weather records, organizations need to better quantify the impact of climate risk. Aon's Climate Risk Advisory to help clients meet their reporting...
Wary of cyclone, Odisha gears up for calamity
IMD said the state government was informed that there was no possibility of any low-pressure formation in the Bay of Bengal in the next 15 days and therefore no possibility of a summer cyclone now Bhubaneswar: After being hit by summer cyclones for three consecutive...
Joshimath still to see enough long-term measures to address land subsidence, say experts
An environment expert, requesting anonymity, said satellite data analysis and geophysical subsurface investigation suggested that the crisis in Joshimath was caused by underground hydrological imbalance Demands of the Joshimath Bachao Sangharsh Samiti include...
Global Nat Cat economic losses reach $77 Billion in Q1 2023, the highest Q1 total in 12 years, Gallagher Re
Public and private insurance entities covered at least an estimated $22B of that total, resulting in a 72% or $55B protection gap, the portion of the economic loss not covered by insurance The February earthquake sequence in Turkey and Syria accounted for an estimated...