Poor farmers bear heavy burden from increased natural disasters

March 17, 2015 12:04 AM

3 0

ROME (Thomson Reuters Foundation) - Economic losses due to natural disasters have tripled over the past decade, with farmers bearing nearly a quarter of the burden in poor countries, a U.N. study said on Tuesday.

Floods, droughts, storms and other natural disasters cost the agricultural sector in developing countries $70 billion in damages between 2003 and 2013, said the study by the Food and Agriculture Organisation (FAO) released during an international conference on reducing disaster risk in Sendai, Japan...

Also read: Monte Paschi sees 4.8 bln euro loss in 2016 after capital plan

Read more

To category page