Natural Disasters of 2017 & 2018 Cost $461 Billion to planet Earth
Economics can no longer be discussed without climate change:
Nobel prize in economics 2018 won by Nordhaus and Romer for work on climate change and growth
Natural disaster in 2018 occurred at an alarming rate. Historically natural disasters have almost left the life on planet earth to an end. That is why it is important to keep an eye on the impact of natural disaster:
Indonesians struggled through a tough year after battling tsunamis, earthquakes and wild storms. Throughout 2018, Indonesia's National Disaster Mitigation Agency (BNPB) recorded almost 2,000 natural disasters.
Greece: Wildfires deaths 126
Papua New Guinea: Earthquake deaths 145
North Korea: Floods deaths 151
Pakistan: Heat Wave deaths 180
Nigeria: Floods deaths 200
Japan: Floods deaths 220
India: Floods deaths 361
Guatemala: Volcanic Eruption deaths 425
Indonesia: Earthquake deaths 468
Indonesia: Earthquake and Tsunami deaths 2783