Thursday, January 24, 2008

CRED Crunch January 2008 newsletter: Floods


This issue is devoted to the floods and related disasters. Floods are the most reported disasters
in EM‐DAT, accounting for more than 30% of all disaster entries. Over the last decade, and particularly the last two years, flood occurrence has strongly increased. Despite the increase in occurrence, the number of people killed remained stable, leading to a decrease in the average flood mortality. Nevertheless, it is important when looking at this trend to keep in mind the influence of the recent major improvements in the reporting flood occurrence and their impacts, especially for the “smaller” events.

Floods are one of the major sources of hardship. Each year on average they kill more than 9000 people and affect more than 115 million others. With more than 19 US$ billions in economic damages; floods are the second most costly natural disasters after windstorms.

Asia is the region which pays the highest toll in terms of flood impacts. During the last decade, over 96% of the people affected by floods in the world live in Asia.

The Newsletter can be downloaded from Reliefweb.

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