New UN Report Warns of Huge Economic Losses
By Devinder Kumar
NEW DELHI | BANGKOK (IDN) – Vulnerable and marginalized communities are among the hardest hit by natural disasters that occurred in a relentless sequence in Asia and the Pacific in the past two years, beyond what the region had previously experienced or was able to predict. This, according to the latest report by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), is “a sign of things to come in the new climate reality” where economic losses are set to quadruple.