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Global Assessment Report on Disaster Risk Reduction 2013
From Shared Risk to Shared Value: the Business Case for Disaster Risk Reduction |
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Global Assessment Report on Disaster Risk Reduction 2013
From Shared Risk to Shared Value: the Business Case for Disaster Risk Reduction |
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111
(Source: GAR global risk model)
Figure 7.5 Annual average losses from earthquakes (top) and cyclonic winds (bottom) compared with gross fixed capital formation, with SIDS highlighted in bold
Trinidad and Tobago, annual average losses from earthquakes exceeds one-tenth of annual produced capital.
The estimations of the risk model are confirmed in
some countries by observed losses. For example, in Jamaica, observed total average losses between 1991 and 2011 were equivalent to 2.6 percent of its gross fixed capital formation. The effects of disaster loss are amplified in SIDS by
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