Global policy makers should team up to help disaster-prone developing countries manage and anticipate disaster risks as mounting financial losses triggered by disasters will severely hamper their development sustainability, a newly launched UN report presented on Sunday during the Sendai UN World Conference suggested, reports Jakarta Post.
According to the article, the 2015 Global Assessment Report (GAR15) which was presented on Sunday during the Third UN World Conference on Disaster Risk Reduction suggests that many countries, including Chile, Bolivia, Pakistan and Indonesia, would find it difficult to recover from disasters with return periods as small as three to 25 years due to financial constraints.