As climate disasters increase, so too does the cost associated with them. A new UN report on disaster risk reduction shows that disaster events across the world have steadily increased over the past few decades and they are only predicted to grow in regularity, to the point where we will soon be facing 1.5 disasters each day across the world.

The average number of disaster events per year between 1980 and 1999 was 200, and in 2015 there were 400. By 2030, the number of disasters may balloon to upwards of 560 per year and the average trends suggest a 30% increase from 2000 to 2030.