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Bangladesh - October 14, 2023

Annual disaster loss for crop $12b

Industry Desk: Natural and man-made disasters have caused $380 billion in crop and livestock losses over the past 30 years. The United Nations Food and Agriculture Organization (FAO) reported the information yesterday Friday.
According to the FAO report, losses in food production each year from 1991 to 2021 due to floods, droughts, insect infestations, storms, diseases and wars are about $12,003 billion. For the first time, the United Nations agency has attempted to compile such an estimate, which aims to measure the impact of disasters on both the global and individual levels.
The international community has observed the fact that disasters have quadrupled since the 1970s, with an increasing impact on food production, FAO’s deputy head of statistics, Piero Conforti, told AFP.
According to the FAO report, the severity of disasters is increasing gradually. In the 1970s, 100 disasters occurred every year. But in the last two decades there have been 400 disasters every year. Climate change and human and livestock diseases are being blamed for this.
The UN agency says the agricultural sector around the world is at risk of major disruption due to floods, droughts, water scarcity, loss of fisheries, biodiversity and environmental damage.
Average crop losses amount to 69 million tons per year, which is equivalent to the annual production of France. About 40 million tons of fruits and vegetables are wasted. This loss in fish, meat and eggs is 16 million tons. And due to the disaster, the loss in the agricultural sector has been 23 percent. Among these, Asia is the most affected region, with annual losses in the agricultural sector of 45 percent.

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