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More than half the world’s population live in urban areas and 80% of global GDP is generated from urban areas.
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40% of Asia’s population lived in urban areas in 2010 and that figure will be over 55% by 2030. Over 70% of the region’s GDP is derived from cities.
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By 2020, 13 of the world’s 25 mega cities are expected to be in Asia and the Pacific. Many of Asia’s major cities have been established in some of the most hazardous locations possible.
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More than half the world’s slum dwellers live in Asia.
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Most Asian cities lack effective wastewater treatment systems and more than two-thirds of collected solid waste is not disposed of effectively.
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High levels of urban poverty and informal settlers, and weak planning and regulation heighten disaster risks in cities.
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Asia Pacific countries suffer about a third of all global disasters annually but account for up to half of all deaths, damage and losses. From 2006-2011, developing countries in the region experienced 34% of world’s recorded disasters, 44% of deaths, 87% of people affected, and 33% of disaster-related economic losses.
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Annual economic cost of disasters averages $53.8 billion in Asia and the Pacific.
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Less than 5% of disaster losses in developing Asia are insured compared to 40% in developed countries.
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Most Asian countries have disaster handling capabilities but few have provisions for financing post-disaster losses and rehabilitation.
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Investing in disaster risk reduction pays – it has been estimated that the economic impact of disaster will be reduced by $7 for every $1 spent.
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Since 1987 ADB has carried out disaster-related projects worth more than $12 billion and its aggregate urban lending is more than $11 billion.
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By 2020, 13 of the world’s 25 mega cities are expected to be in Asia and the Pacific. Many of Asia’s major cities have been established in some of the most hazardous locations possible.