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What would life be like in New Zealand in the event of NATO/Russia nuclear war?
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Global problems smart solutions costs and benefits | Public economics and public policy
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Dr Judy Lawrence, Senior Research Fellow, Climate Change Research Institute, Victoria University of Wellington, comments:
“The total disruption we saw from the heavy rainfall over the weekend on the West Coast and Marlborough is consistent with a changing climate that is warming and able to hold more water before dumping it. We can expect more of this. It is a global phenomenon – but our exposure in New Zealand to such extreme pluvial events is a timely reminder that we not only have to prepare for them, but also plan our way out of the most severe impacts and shift from our reactive mode to anticipate where the worst effects will be felt.
Frequent Flooding In NZ – Expert Reaction
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BusinessWorld
July 2, 2021 | 12:32 am
PHILIPPINE STAR/ MICHAEL VARCAS
THE PHILIPPINES is losing an average of 1.7% of its overall economic output each year due to typhoons, according to estimates by the Asian Development Bank (ADB), which noted the country’s need to strengthen its resilience against natural disasters.
In a “Disaster Resilience in Asia” report published on Thursday, the ADB said the impact of storms on the Philippine economy could hit up to 23% of gross domestic product (GDP) each year in extreme cases.
Typhoons alone may have cost the economy at least $20 billion from 1990 to 2020 in GDP losses, ADB said.
While many residents usually return to the typhoon-hit areas after being evacuated, the ADB said the impact of severe disasters tend to linger.