Jun Rentschler

Natural hazards can profoundly disrupt economies, yet their impact on employment remains underexplored. This study quantifies job losses due to floods, earthquakes, wind, storm surges, tsunamis, and heat across 132 countries, using a full-time job equivalent losses (JEL) estimation approach. Results show that fast-onset natural shocks cause 9.4 million JEL annually on average, predominantly due to earthquakes and floods, with burdens concentrated in East Asia and the Pacific, and Sub-Saharan Africa. Additionally, extreme heat is associated with 79.7 million JEL annually across 114 countries, between 2015 and 2024, with the burdens concentrated in South Asia and Sub-Saharan Africa. Yet, country examples show that average annual JEL can be significantly lower than losses from specific extreme events, for instance with 1-in-100-year hazard events resulting in JEL that exceed average annual JEL by a factor of up to 14. Overall, low-income countries experience the highest job loss rate per capita. Within countries, the poorest population group bears a disproportionate share of JEL. These results highlight the urgent need for targeted adaptation and resilience measures that safeguard workers, jobs, and productivity to support economic development. JEL codes: Q50, Q54, J23, J63, I30, O15

Disaster losses are increasing and evidence is mounting that climate change is driving up the probability of extreme natural shocks^1,2,3. Yet it has also proved politically expedient to invoke climate change as an exogenous force that supposedly places disasters beyond the influence of local and national authorities^4,5. However, locally determined patterns of urbanization and spatial development are key factors to the exposure and vulnerability of people to climatic shocks⁶. Using high-resolution annual data, this study shows that, since 1985, human settlements around the world—from villages to megacities—have expanded continuously and rapidly into present-day flood zones. In many regions, growth in the most hazardous flood zones is outpacing growth in non-exposed zones by a large margin, particularly in East Asia, where high-hazard settlements have expanded 60% faster than flood-safe settlements. These results provide systematic evidence of a divergence in the exposure of countries to flood hazards. Instead of adapting their exposure, many countries continue to actively amplify their exposure to increasingly frequent climatic shocks.

Air pollution is one of the leading causes of health complications and mortality worldwide, especially affecting lower-income groups, who tend to be more exposed and vulnerable. This study documents the relationship between ambient air pollution exposure and poverty in 211 countries and territories. Using the World Health Organization’s (WHO) 2021 revised fine particulate matter (PM2.5) thresholds, we show that globally, 7.3 billion people are directly exposed to unsafe average annual PM2.5 concentrations, 80 percent of whom live in low- and middle-income countries. Moreover, 716 million of the world’s lowest income people (living on less than $1.90 per day) live in areas with unsafe levels of air pollution, especially in Sub-Saharan Africa. Air pollution levels are particularly high in lower-middle-income countries, where economies tend to rely more heavily on polluting industries and technologies. These findings are based on high-resolution air pollution and population maps with global coverage, as well as subnational poverty estimates based on harmonized household surveys.

Flooding is among the most prevalent natural hazards, with particularly disastrous impacts in low-income countries. This study presents global estimates of the number of people exposed to high flood risks in interaction with poverty. It finds that 1.81 billion people (23% of world population) are directly exposed to 1-in-100-year floods. Of these, 1.24 billion are located in South and East Asia, where China (395 million) and India (390 million) account for over one-third of global exposure. Low- and middle-income countries are home to 89% of the world’s flood-exposed people. Of the 170 million facing high flood risk and extreme poverty (living on under $1.90 per day), 44% are in Sub-Saharan Africa. Over 780 million of those living on under $5.50 per day face high flood risk. Using state-of-the-art poverty and flood data, our findings highlight the scale and priority regions for flood mitigation measures to support resilient development.

As countries urbanize, human settlements are rapidly expanding into hazardous flood zones. This study provides a global analysis of spatial urbanization patterns and the evolution of flood exposure between 1985 and 2015. Using high-resolution annual data, it shows that settlements across the world grew by 85 percent to over 1.28 million square kilometers. In the same period, settlements exposed to the highest flood hazard level increased by 122 percent. In many regions, risky growth is outpacing safe growth, particularly in East Asia, where high risk settlements have expanded 60 percent faster than safe ones. Developing countries are driving the recent growth of flood exposure: 82 percent of the 36,500 square kilometers of settlements built in the world’s highest-risk zones since 1985 are in low- and middle-income countries. In comparison, recent growth in high-income countries has been relatively slow and safe. These results document a divergence in countries’ exposure to flood hazards. Rather than adapting their exposure to climatic hazards, many countries are actively increasing their exposure.

Flooding is among the most prevalent natural hazards, with particularly disastrous impacts in poor countries. Presenting the first global estimates of the number of people exposed to high flood risks in interaction with poverty, this study finds that 1.81 billion people (23% of world population) are directly exposed to 1-in-100-year floods. Of these, 1.24 billion are located in South and East Asia, where China (395 million) and India (390 million) account for over one-third of global exposure. Low- and middle-income countries are home to 89% of the world’s flood-exposed people. Of the 170 million facing high flood risk and extreme poverty (living on under $1.90 per day), 44% are in Sub-Saharan Africa. Over 780 million of those living on under $5.50 per day face high flood risk. Using state-of-the-art poverty and flood data, our findings highlight the scale and priority regions for flood mitigation measures to support resilient development.

In a country that is among the most exposed to natural hazards, Vietnam’s coastline often bears the brunt. Typhoons, storm surges, riverine flooding, coastal erosion, droughts, or saline intrusion are all-too-familiar threats to most people living along the coast. Yet despite these risks, coastal regions host thriving economic sectors, providing livelihoods for a growing and rapidly urbanizing population. The coastal regions could be a powerful engine for Vietnam’s continued socioeconomic development, but rapid urbanization, economic growth, and climate change mean that disaster risks are bound to increase in the future. Although the government of Vietnam has made impressive progress in reducing and managing natural risks, current trends show that the work is far from complete. To guide effective action, this report provides an in-depth and multi-sectoral analysis of natural risks in coastal Vietnam and reviews current efforts in risk management, proposing a concrete action plan to balance the risks and opportunities of coastal development. These actions, if taken decisively, are an opportunity to strengthen the resilience of coastal communities and hence the prosperity of coming generations.