Today, 40 percent of the world's population lives within 100 kilometers (63 miles) of a coastline – and that number is increasing. This urbanization, combined with climate change and outdated infrastructure, compound to make floods more intense and damaging.
"If we're only adding up the direct cost of a flood on the houses that were inundated, and the price it took to bail those out, and the price it takes to repair infrastructure, and other things like that, then we're potentially missing large hidden costs associated with those floods," observes Professor Amir Jina, University of Chicago.
The biggest loss from any catastrophic flood, to both businesses and people, is opportunity cost. Through this story, Orb Media focuses on showing the costs associated with loss of livelihood, income, and other life opportunities.
Orb Media is pleased to partner with members of the Orb Media Network (OMN), a group of global agenda-setting media which collaborate to simultaneously publish stories together that catalyze global dialogue on critical issues, focusing the attention of government, industry, researchers, civil society, and the public.
OMN members: South China Morning Post (China), Die Zeit (Germany), Channels (Nigeria), Dhaka Tribune (Bangladesh), Folha de São Paolo (Brazil), The Hindu (India), Tempo Media Group (Indonesia), eNCA (South Africa), La Nación (Argentina), El Comercio (Perú), SVT (Sweden), El País (Uruguay), Mail & Guardian (South Africa), El Tiempo (Colombia), BBC (United Kingdom), Cadena SER-Prisa (Spain), CBC (Canada), YLE (Finland).
About Orb Media
We are a nonprofit journalism organization that reports on issues that matter to billions of people around the globe. Fusing original research, data analysis, on-the- ground reporting, and an engaged public, Orb Media produces agenda-setting stories about the challenges we face together as one world. Orbmedia.org/underwater.
Contact:
Lara Kline
[email protected]
202-905-8370
Video - https://mma.prnewswire.com/media/765709/Orb_Media_Underwater_Explainer_Video.mp4
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