A villager walks through a dried-up pond during India’s early heatwave. Photo: Getty Images
A villager walks through a dried-up pond during India’s early heatwave. Photo: Getty Images
World

Climate change: The world isn’t spending enough to prevent disasters, UN says

  • Of the US$133 billion disaster-related financing in 2010 to 2019, only 4 per cent went to reducing risks, rest was spent on more costly post-calamity responses
  • ‘We are living in a multi-hazard world with compounding effects, and we need to invest more in prevention,’ UN risk chief said

Bloomberg
Bloomberg

Updated: 11:28pm, 28 May, 2022

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A villager walks through a dried-up pond during India’s early heatwave. Photo: Getty Images
A villager walks through a dried-up pond during India’s early heatwave. Photo: Getty Images
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