Damages From Natural Disasters Increasing Costs Worldwide


Damages from natural disasters continue to increase each year, and the costs from these disasters are escalating worldwide. Since 2010, there have been more than 700 registered floods, earthquakes, sinkholes and other natural disasters worldwide. A study released by the International Monetary Fund (IMF) in 2012 reports that these natural disasters have affected more than 450 million people. Further, the annual cost of these damages has risen from an average of $20 billion to $100 billion since the 1990s.

In the U.S. 151 weather or climate disasters have occurred since 1980 in which costs were estimated to reach or exceed $1 billion each, for a total expense to the U.S. over $1 trillion. In 2013 alone there were seven natural disasters, each exceeding costs of $1 billion. These events, which included five severe weather and tornado events, a flood and the western heat wave/drought, killed 109 people and affected economies across the United States.

The Institute lists three projects which use technology to lessen the impact of natural disasters both financially and through reduction if lives lost, with varying degrees of success. ASTER is an instrument on a NASA satellite that maps the globe and shares those images with various relief organizations. ASTER has been in space since 1999. It is part of a group of satellites monitoring Earth in the hopes of understanding nature better.

In 2000, NASA, along with 20 others, signed the International Charter on Space and Major Disasters. Its purpose is to guarantee sharing of data from satellites with relief organizations. ASTER predicts floods fairly well, according to the article, but is unable to make exact predictions. Their predictions have allowed for warnings and saved lives, says Michael Abrams leader of the U.S. ASTER science team.

Increased natural disasters such as sinkhole activity create costly damages worldwide when suddenly the ground opens up swallowing trees, cars, people or even buildings. A computer algorithm could provide warnings of this type of catastrophe. Instead of manually recording minute changes in road conditions, which is impractical, the algorithm uses existing satellites to analyze data and calculate which ground level changes indicate the probability of a sinkhole.

This new project was just beginning when The Institute wrote the 2013 article. It is too early to tell if this will work, but so far the algorithm has stacked up alongside data gathered by geologists on the ground, so there is hope according to researchers.

There is a method that uses satellite systems to track temperature changes on the ground that could someday help with forecasting earthquakes, such as weather forecasters warn of approaching storms with increasing accuracy. The wait will be longer for the same precision in regards to earthquakes, as scientists interviewed for an article yesterday in The Telegraph said that true earthquake prediction is beyond current science capabilities. They know what needs to be measured but there is no way to make those measurements yet.

California governor Jerry Brown has put the chances at 50 percent for a catastrophic earthquake in the near future, according to the same article. A $200 million shopping center currently being built in Hollywood is on top of a newly discovered fault, which would add to the ever-increasing damages resulting from natural disasters that are costing the world billions more.

By Sara Kourtsounis

The Institute (Minimizing the Damage From Natural Disasters)
National Climatic Data Centers
The Institute (Predicting Sinkholes in the Road)
The Telegraph

2 Responses to "Damages From Natural Disasters Increasing Costs Worldwide"

  1. Emmanuel Love   March 12, 2019 at 11:21 pm

    Hey, how’s it going?

    Did you hear that the powers that run this world want to put a RFID microchip in our body? It will contain not only our bank accounts but our personal information, making us total slaves to the elite. This will cause us to lose even more of our privacy.

    Did you know that this RFID microchip matches perfectly with the Mark of the Beast in the Bible, more specifically Revelation 13:16-18?

    “He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name…”

    Referring to the last days, this could only be speaking of a cashless society, which we have yet to see, but are heading towards. Otherwise, we could still buy or sell without the mark amongst others if physical money was still currency. It’s amazing that the Bible foretold a cashless society!

    Did you also hear that the Jewish people are in the process of bringing about the Third Temple prophesied in the Bible by the prophet Daniel, Jesus, and Apostle Paul? They deny Jesus as their Messiah and say their Messiah will be revealed to rule the whole world under a one world religion. They are not even hiding this information, but are actually promoting it. You can view videos about this on YouTube.

    When Donald Trump made Jerusalem captial of Israel in late December 2017, the Jewish people said this was a big step for them to build this Third Temple. They even printed a Temple coin with president Trump’s face on the front with king Cyrus'(the man who built the Second Temple in the Bible) face behind him. On the back of the coin is an image of the Third Temple. They are selling these coins to raise money to build the Temple.

    People have been saying for many years that the end is near, but we needed not only the Third Temple, but also the technology for there to be a cashless society for the Mark of the Beast to be a reality.

    There is much more to know, please visit http://WWW.BIBLEFREEDOM.COM to see all the proof!


  2. caleb watkins III   January 30, 2017 at 1:45 pm

    do the best you can helping this world . we love you all.


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