Highlights
There has been an increase in the frequency and intensity of extreme weather events in lesser developed countries, with five times as many such incidents occurring from 2000 to 2010 as during the 1970s, according a report releasedby
During the period 2000-2010, LDCs recorded economic losses totalling $14.1 billion. Within the LDC Group, Bangladesh and Myanmar suffered the greatest economic losses $5.8 billion and $4.5 billion respectively. Overall, LDCs and small island developing States SIDS are among the most susceptible in the world to natural disasters, as a result of which they suffer significant shocks to their economies.
The source article Study urges scaled-up, improved financing for climate change adaptation in least developed countries was published November 25, 2010 by UNCTAD.ORG .
