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02 Sep 2008 description

The evacuation of New Orleans in advance of hurricane Gustav and the displacement of two million Indians to the worst flood in 50 years underline the increasing vulnerability of humanity to natural disasters-vulnerability that is set to rise under the scientific scenarios if climate change if left unchecked.

According to Munich Re, one of the world's leading insurance companies and a member of the UNEP Finance Initiative, 2008 is already shaping up to be a significant, disaster-prone year.

By June, an estimated 400 natural disasters had occurred costing $82 billion.