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The cost of natural disasters worldwide could hit $314 billion annually by 2030, up from around $250 billion now, as urban expansion continues at a rapid pace and global warming continues to contribute to a rise in natural disasters, according to new rese

By 2050, Fiji’s annual losses due to extreme weather events and the impacts of climate change could reach 6.5 per cent of Gross Domestic Product (GDP), according to a significant new climate vulnerability study.