Developing countries in the Asia and Pacific region are particularly exposed to risks from natural disasters. Of the ten major natural disasters with the highest death tolls across the world since 1980, seven occurred in developing countries in Asia. The loss in life and property from these disasters has been huge. The average annual direct economic loss due to disasters in the Asia and Pacific region in the period 2002-2011 is estimated at $65 billion, and the trend is rising.
In view of the severe economic and human impact of disasters, it is important to formulate and implement country-based and region-wide strategies to address and reduce such risks and their consequences.