Videos on day 2

While disaster reduction efforts have contributed to reductions in mortality, economic damages are rapidly on the rise. The value of global GDP exposed to tropical cyclones, for instance, has more than tripled from US$564 billion in 1970 to US$1.9 trillion in 2010. Nearly two-thirds of Governments reporting on their progress toward the Hyogo Framework for Action referred to specific allocations for disaster risk reduction in their national budget.

While disaster reduction efforts have contributed to reductions in mortality, economic damages are rapidly on the rise. The value of global GDP exposed to tropical cyclones, for instance, has more than tripled from US$564 billion in 1970 to US$1.9 trillion in 2010.