Language
Download App

Bookmark Bookmark

Disasters cost billions in agricultural losses, poor farmers bear brunt – UN report

Disasters cost billions in agricultural losses, poor farmers bear brunt – UN report

A crowded field of threats that includes drought, floods, animal disease outbreaks and chemical spills are among the disasters costing farmers in the developing world billions of dollars each year, according to a new report from the United Nations Food and Agriculture Organization (FAO).

FAO published the report with Vietnam titled of 2017: The Impact of Disasters and Crises on Agricultural and Food Security.

Major Findings of the report:

  • Between 2005 and 2015 natural disasters costed the agricultural sectors of developing country economies a staggering $96 billion in damaged or lost crop and livestock production, $48 billion of which occurred in Asia.
  • Drought was one of the leading causes for agricultural losses.
  • While floods and storms had the largest impacts in Asia, their agricultural systems were also heavily affected by earthquakes, tsunamis and extreme temperatures.
  • A first case study done on the impacts of conflict in Syria found that the overall financial cost of damage and loss in that country's agriculture sector over the 2011-2016 period was at least $16 billion.

FAO

Food and Agriculture Organization is a specialised agency of the United Nations that leads international efforts to defeat hunger. Serving both developed and developing countries, FAO acts as a neutral forum where all nations meet as equals to negotiate arguments and debate policy.

 

 

You might be interested:

Evening News Digest: 18 March 2018

President to inaugurate Festival of Innovation and Entrepreneurship Indian President will inaugrate the Festival of Innovation and Entrepreneurship (FINE) on March 19 at the Rashtrapati Bhawan. He will also present Gandhian Young Technlogical Innova ...

9 months ago

17th World Conference on Tobacco or Health Declarations adopted

17th World Conference on Tobacco or Health Declarations adopted        Dr. Harry Lando, Chair of the WCTOH Organizing Committee, announced eleven declarations of the 17th World Conference on Tobacco or Health. The t ...

9 months ago

India ranks 78th on WEF Energy Transition Index

India ranks 78th on WEF Energy Transition Index India has been ranked at 78th, lower than its emerging market peers like Brazil and China, among 114 countries on the World Economic Forum’s (WEF) energy transition index that was topped by Sweden ...

9 months ago

Evening News Digest : 17 March 2018

INDIA and ADB Sign $120 Million Loan to Improve Rail Infrastructure Government of India and the Asian Development Bank (ADB) signed a $120 million loan agreement for completion of works for double-tracking and electrification of railways tracks alon ...

9 months ago

One Liners of the Day : 17 March 2018

National NITI Aayog released comprehensive roadmaps and detailed timelines for its initiative ‘Sustainable Action for Transforming Human Capital in Education (SATH-E)’ project in - New Delhi The state has passed the 'AP Panchayati Raj (A ...

9 months ago

Banking Digest : 18 March 2018

National NITI Aayog released comprehensive roadmaps and detailed timelines for its initiative ‘Sustainable Action for Transforming Human Capital in Education (SATH-E)’ project in - New Delhi The state has passed the 'AP Panchayati Raj (A ...

9 months ago

Provide your feedback on this article: