Homes Bear Brunt of Annual Building Losses
Homes account for over half of annual disaster losses globally.
The Coalition for Disaster Resilient Infrastructure's global risk modeling highlights the vulnerability of residential properties to natural disasters. This stark reality underscores the need for enhanced resilience in housing structures, particularly as climate change exacerbates extreme weather events.
In simple terms, more than half of what we lose each year from disasters happens in homes.
The long-term outlook shows increasing risks due to climate-driven disasters, likely leading to higher losses and greater demands on rebuilding efforts.
What is the long-term climate outlook for this region?
As climate change intensifies, expect more frequent and severe weather events that will continue to disproportionately impact residential properties. This trend suggests a need for robust adaptation strategies in housing construction and maintenance.
The outlook remains challenging without significant improvements in disaster resilience.