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The number of reported flood disasters throughout the world nearly doubled in 2000-2009 relative to the previous decade and more flood disasters occurred between 2010 and 2013 than in the whole decade of the 1980s.
Source: OECD Financial Management of Flood Risk.
In previous decades, "the cost of weather-related disasters was roughly equivalent to one per cent of Canada's annual gross domestic product (GDP) growth. In the last decade, disaster costs have climbed to between five and six per cent of annual GDP growth."
Source: Alberta Water Portal Society.
"Early warning systems
have the potential to reduce the costs of flood damage by 25%, representing an estimated saving of €30 billion over the next 20 years."
Source: Thielen-del Pozo, (European Commission, Joint Research Centre, Institute for Environment and Sustainability)
