KZN floods ranked among the world's top 10 most expensive climate events in 2022, says new reportSouth Africa had one of the worst climate disasters of 2022 in financial terms, according to a new report.
It ranks with floods in Pakistan and China, and drought in Europe and Brazil, in terms of total cost. That makes places such as Europe and Australia more likely to appear. But, even so, the floods in South Africa ranked high, even before adding in costs such as the closure of Durban's port, or the impact of lost exports when automotive and other manufacturing was halted.
South Africa, Christian Aid pointed out, is the largest per-capita greenhouse emitter in Africa, is a major producer of coal, and has emission targets that have been deemed insufficient under the Paris Agreement.
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BISouthAfrica MYANC looting is ranked as the most expensive event ever! VoetsekANC AncIsCorrupt
BISouthAfrica The sun controls the Earth's environment
BISouthAfrica Climate really? Infrastructure is not maintained what do you expect? What is the value of the rand? obviously going to be expensive!
BISouthAfrica Eish ne who would think that disasters isn't financial loss ne... shame...
news24 the expense came due to poor technical planning by planning dept of council as well as poor management & maintenance of waterways, wetlands & storm water infrastructure by Ethekwini. You can say the same for the rehabilitation since the floods, so nothing has changed.
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