This is a great article by Tanya Zeriga-Alone on her blog Emnaupng on the government’s need for foresight to plan and strategise now to be ready for natural disasters in future, especially with the ever increasing threat of the negative effects of Climate Change
There was a little news article in The National Newspaper from the 20th Sept., 2012, which I thought was the most important news article of the day. However, that was all it was – a small article on page 7.
The Deputy Prime Minister, Hon. Leon Dion was briefed on the findings by a report on the Risk Assessment of Catastrophes in the Pacific. The reported states that, in the next 50 years, PNG is expected to incur loss exceeding US$700 million with casualties over 5,000 from natural disasters.
In PNG, we expect disasters and losses, however, we never monetize the costs of disasters. When we do, as was done in that report, and compare with the money we have, we begin to realize how unprepared we really are to future natural disasters. The disasters, when compounded with the unpredictable impacts of climate change – the cost as well…
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