Effects on Disaster Prone Asia-Pacific
Asia-Pacific is the world’s most disaster-prone region, with nearly 45% of the world’s natural disasters occurring in the area. Since 1970, the region has suffered close to 2 million deaths due to disasters, equivalent to 59% of the global death toll. Additionally, many countries in Asia-Pacific have large, growing populations with high poverty levels. With villages and farms in poorer areas lacking the resources to build up defenses, their vulnerability is increased when disaster strikes. The Asia-Pacific Disaster Report of 2019 estimates that by 2030, 56 million people in the Asia-Pacific region will live in extreme poverty, with the possibility of the number doubling to 123 million if governments do not take ample precautionary measures in fortifying communities’ resilience to mitigate the risk of disasters. Financially, the region suffers an annual economic loss of US$675 billion due to natural catastrophes.
The number of smart city projects in Asia-Pacific has been growing at an exponential rate. Research from Swiss bank UBS has shown that the region wil…
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