Disasters could cost Asia-Pacific region $160 billion per year by 2030, UN warns

Economic losses to disasters in Asia and the Pacific could exceed $160 billion annually by 2030, the United Nations development arm in the region warned on Tuesday, urging greater innovation in disaster risk financing.

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‘Disaster emergency’ underway in Asia-Pacific, warns ESCAP

25 Jul 2023

Asia and the Pacific has a “narrow window” to protect its hard-won gains, as climate change supercharges disasters and impacts billions there, the UN’s development body spanning the vast region said on Tuesday.

COVID-19 hits trade in Asia-Pacific, but impact ‘less bad’ than elsewhere

22 Dec 2020

Despite a sharp fall in global trade in 2020 due to the coronavirus pandemic and lingering trade tensions, Asia and the Pacific is expected to perform relatively “less bad” than the rest of the world, the United Nations development arm in the region said on Tuesday.

Asia-Pacific nations commit the whole region to ‘defeat’ COVID-19

21 May 2020

Gathering together at the top UN intergovernmental body in Asia and the Pacific on Thursday, countries of the vast region of more than four billion people, urged greater measures that reinforce global solidarity in ending the COVID-19 pandemic.