Disasters can have devastating physical, social, and financial effects.
According to the European Environmental Agency, between 1980 and 2020, disasters caused by natural hazards affected nearly 50 million people in the European Union. These resulted in an economic loss of, on average, €12 billion per year.
The intensity and frequency of disasters are expected to grow as a result of climate change.
Under the Union Civil Protection Mechanism, assisted by the World Bank, the European Commission undertook the study Economics for Disaster Prevention and Preparedness to assess the costs and benefits of investments in disaster resilience and their financing at national and EU levels.
Learn more about this study: [ Ссылка ]
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Video © European Union, 2021.
