Extreme weather costs global economy $520 billion, forces 26 million people into poverty every year

Nov. 15, 2016 – In 2013, an estimated one million Filipinos were plunged into poverty after Typhoon Haiyan sapped $12.9 billion from the national economy and destroyed over a million homes. No sooner had the 2010 Cyclone Aila devastated coastal areas of Bangladesh than unemployment and poverty levels surged 49 percent and 22 percent, respectively. […]

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