Mind the risk - Cities under threat from natural disasters
The world's sprawling cities are centres of economic activity and growth. But when a natural disaster hits a densely populated area, the effects can be catastrophic. A Swiss Re study looks at the human and economic risks faced by urban communities around the globe.
As more people live in cities than in rural areas, and as these sprawling cities are centres of economic activity and growth many of these metropolitan areas are threatened by floods, storms, earthquakes and other natural hazards. Strengthening the resilience of these communities is therefore becoming a matter of urgency.
Resilience in this context is defined as how well urban societies are able to cope with the financial consequences of a disaster. Mind the risk is a basis for local decision-makers, the insurance industry and the broader public to promote dialogue on both fronts and work towards making cities truly resilient.
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