USD 64.429

+0.31

EUR 71.2391

+0.64

BRENT 64.54

+0.9

AI-92 42.37

-0.03

AI-95 46.12

+0.01

AI-98 51.87

-0.02

Diesel 46.15

0

16

$124b For Disaster

Crippling droughts, torrential floods and other environmental disasters...

Crippling droughts, torrential floods and other environmental disasters will cost the world more than US$70 billion in 2002.

The most expensive were devastating floods in Europe, China, India, Nepal and Bangladesh that killed thousands and left millions homeless. Of the 526 disasters, 195 were in Asia, 149 in the Americas, 99 in Europe, 45 in Australasia and 38 in Africa.Floods become more dangerous and more expensive due to warming caused with greenhouse emissions.

Over 3,000 delegates from 185 states gathered in New Delhi for a conference on cutting greenhouse gas emissions, and the impact of climate change.

Floods were a third of the total but killed more people and cost far more than other disasters.