Why is financial protection important to reduce poverty and increase shared prosperity?
Financial losses from natural disasters continue to rise. Developing countries and their low-income populations experience the greatest impacts.
Over the last 10 years, global losses due to natural disasters have averaged $165 billion a year.
In times of a changing climate, water security is a central component of long-term resilience – and dams are vital for safeguarding such security. India, with a population of more than 1 billion people, is home almost 5,000 large dams and 350 more are currently under construction. The country also has several thousand additional small dams. Each plays a part in the nation’s water regulation mechanisms for use across a multitude of economic sectors, including agriculture, energy creation, flood control, and tourism.
WHAT IS HYDROMET?
Hydrology + Meteorology = A discipline contributing to the production, delivery, and the use of weather, water and climate information.
Hydromet services provide real-time weather, water, early warning, and climate data critically needed for growth and sustainable, climate-resilient development in Africa.
BRIEF DESCRIPTION OF THE EVENT
From the middle of October until the end of December of 2016, very heavy rainfall caused by a combination of tropical depressions and the North-Eastern monsoon produced five consecutive periods of flooding in eighteen provinces in central Vietnam (North Central, South Central Coast, and the Central Highland regions), significantly affecting their people and economies.