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A new joint report from the World Bank and the United Nations says that annual global losses from natural disasters could triple to $185 billion by the end of this century, even without calculating the impact of climate change. Climate change could then add $28-$68 billion more in damages each year from tropical cyclones alone.
The report also says that the number of people exposed to storms and earthquakes in large cities could double to 1.5 billion by 2050.
The Fourth Session of the Global Platform for Disaster Risk Reduction will take place in Geneva, Switzerland in May 2013.