Lucknow: According to the recent researches across the globe, the world has faced a total loss of almost USD seven trillions since 1900.The database containing around 35000 events reveals that as many as eight million people have lost their lives owing to catastrophes.
The group ' Integrated Historical Global Catastrophe Database' has prepared reports about natural disasters in more than 90 different languages. From the period of 1900-2015, around 40 percent of economic loss were ascribed to flooding, earthquakes were counted for about a quarter, storm for about 20 percent, 12 percent was due to drought, 2 percent for wildfire and one percent percent to volcanic eruption.
The losses which saw a phenomenal increase during past century, now represent a smaller fraction of the total value globally of buildings and other infrastructure.
We are now more prepared to face the consequences of natural disasters. "If we just take data from 1960, we see a change in the trend, we see that storms are having a bigger piece of pie,"said James Daniell, the civil engineer and geophysicist.
According to Daniell, the total deaths from natural disasters remain constant i.e. around 50000 thousand people were killed each year on an average.
It is hard to calculate the definite death statistics. Numbers will be frequently over or under estimated.