Bangladesh’s vulnerability to natural disasters continues to pose significant economic challenges, with floods and tropical cyclones wreaking havoc on infrastructure, industries, and livelihoods. Between 2000 and 2023, disasters affected approximately 130 million people, inflicting an estimated US$13.6 billion in damages, hindering poverty reduction efforts and sustainable development. As climate change intensifies, experts warn that extreme weather events will become more frequent and severe, necessitating stronger financial preparedness.
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