A dramatic rise in the number of catastrophic natural events.
The world has witnessed a tenfold increase in the number of natural disasters since the 1960s, the 2020 Ecological Threat Register (ETR) shows a ten times increase in Natural Disasters on a Global Scale. The resulting cost of addressing damage caused by natural disasters has risen from US$50 billion per year in the 1980s to US$ 200 billion per year in the last decade. source
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