Consider the following:
--According to the World Bank, from 1970-2013, total estimated disaster losses were in excess of $2.8 Trillion.
--According to the National Resources Defense Council, projected yearly disaster losses will triple to 1.5% of global GDP ($900 Billion/year) by 2050.
--Traditionally, the Public Sector has taken financial responsibility for disaster resilience and recovery. But, public sector budgets are increasingly strained by an aging and rapidly increasing population.
--For the first time ever, the United States Federal Emergency Management Agency has considered charging a disaster recovery deductible for communities that do not invest in resilience measures.