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12th February 2019 – At the end of February participants from all five Central Asian countries will discuss the issue of natural disasters at the Forum on Financial Protection against Natural Disasters in Almaty, according to Ko Takeuchi, Senior Disaster Risk Management Specialist for Central Asia at the World Bank. The event will be organized by the World Bank with support from the Global Facility for Disaster Reduction and Recovery (GFDRR). “It is the first initiative of such kind in Central Asia and we aim to encourage countries to think and adopt measures on how to be financially prepared for natural disasters,” Takeuchi said, noting that with its diverse geography, Central Asia is prone to natural disasters, such as earthquakes, floods, landslides, extreme weather events, avalanches, storms, droughts and many others. “In the past three decades, natural disasters affected over 10 million people and caused a loss of almost $2.5 billion throughout the region. Today disaster risks keep increasing.”

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