Counting the cost

Published: Saturday 30 November 2002

Deluged by disasters (Credit: Greenpeace)Environmental disasters, including drought and flood, cost the world more than us $70 billion in 2002, reveals United Nations Environment Programme (unep). This year floods ravaged Europe, China, India, Nepal and Bangladesh killing thousands of people and leaving millions homeless.

"Natural catastrophes, a vast majority of which have been weather-related, have cost countries and communities an estimated us $56 billion during the period January to September 2002," said a un statement.

The document reveals that more than 9,400 people died in these disasters -- more than 8,000 in Asia. While the costs were almost us $33 billion in Europe, they were put at us $14.8 billion in Asia and us $7.7 billion in North America.

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