disaster – IMF Blog

Equity Investors Must Pay More Attention to Climate Change Physical Risk

IMFBlog2020-06-16T08:33:04-04:00May 29, 2020|

By Felix Suntheim and Jérôme Vandenbussche

عربي, 中文, Español, Français, 日本語, Português, Русский

The damage from the 2011 floods in Thailand amounted to around 10 percent of Thailand’s GDP, not even considering all the indirect costs through a loss in economic activity in the country and abroad. By some estimates, the total costs of the 2018 wildfires in California were up to $350 billion, or 1.7 percent of U.S. GDP. […]

Sendai: A Tale of Natural Disaster, Resilience, and Recovery

IMFBlog2017-04-15T14:01:17-04:00October 10, 2012|

I went to two areas around Sendai—the first was the Arahama Elementary School, site of a successful evacuation during the disaster. The school is still in its wrecked state—just as it was straight after the tsunami struck. Debris is strewn all over the grounds–a mangled mass of vehicles resembling more a scrap yard than a school. The corridors and classrooms inside are also in ruins.