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Blog Centre for Disaster Protection Blog Centre for Disaster Protection

International financial institutions need to do more to protect the poorest from disasters

Wars, bad weather and unstable geology threaten to return millions of people to poverty and remain a major obstacle to others making their first escape. From flood swept-Mozambique to drought-stricken Somalia to war-ravaged Yemen we witness the terrible human and economic costs of crises. The poorest people in the poorest countries bear the brunt. They are six times more likely than people in rich nations to be injured, lose their home, be displaced or require emergency assistance. Climate change threatens to make things worse, pushing a further 100 million people into extreme poverty by 2030.

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