The problem
Disasters caused an estimated $3 trillion in economic losses from 1998 to 2017, and climate-related and geophysical disasters claimed an estimated 1.3 million lives (more than 90% in low- and middle-income countries). Long after the initial event, disasters often lead to a downturn in the trajectory of socioeconomic development and exacerbate poverty. Greater efforts are needed to prepare for the impact of disasters and to effectively respond when they happen. Corporations can contribute to these efforts in many ways, including through their overall impact on climate change (which affects the frequency and severity of disasters), how they construct buildings and contribute to infrastructure preparedness for disasters, and their charitable giving and volunteerism after disasters
What this cause is about
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