Staying afloat Flood Risk in Argentina (short version)
Over the past 50 years, 75 major flood events have been reported in Argentina, affecting around 13 million people and taking more than 500 lives. With the equivalent of USD 22.5bn lost since 1980, floods are the most costly natural catastrophe affecting the country. Adjusting for the country‘s GDP growth, the same events today would have caused accumulated losses of USD 43.5bn.
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