Bangladesh lost $11.3b due to natural disasters last year: UN | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 29, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 29, 2025
Bangladesh lost $11.3b due to natural disasters last year: UN

Climate Change

Mohsin Bhuiyan
26 October, 2021, 09:35 pm
Last modified: 27 October, 2021, 12:35 pm

Related News

  • US steps out, Brazil steps in
  • ‘Unacceptable and inadequate’: Experts slam govt for allocating only 0.67% of GDP to 25 climate-related ministries
  • Budget FY26: Tk100cr allocation proposed for tackling climate change risks
  • BNP wants to prioritise climate change, environmental protection in election manifesto: Mahdi Amin
  • Japanese SMBC's $1.86b fossil fuel investments draining Bangladesh's public funds, civil society orgs claim

Bangladesh lost $11.3b due to natural disasters last year: UN

The report comes days before a UN-led summit on climate change

Mohsin Bhuiyan
26 October, 2021, 09:35 pm
Last modified: 27 October, 2021, 12:35 pm

Bangladesh suffered an estimated loss of approximately $11.3 billion last year due to natural disasters such as tropical cyclones, floods and droughts, says a new multi-agency report coordinated by the World Meteorological Organization (WMO) of the United Nations.

The report titled "State of the Climate in Asia 2020" released on Tuesday, said, "Extreme weather and climate change impacts across Asia in 2020 caused the loss of life of thousands of people, displaced millions of others and cost hundreds of billions of dollars, while wreaking a heavy toll on infrastructure and ecosystems."

Tropical cyclones, floods and droughts that struck Asia resulted in an average annual loss of several hundred billion dollars, as estimated by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), which the WMO referred to in its report.

Bangladesh placed 9th position among the top ten countries in Asia, who suffered the most due to natural disasters in 2020.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

China suffered the highest loss in the region with an approximate annual loss of $238 billion, followed by India at $87 billion, Japan at $83 billion and South Korea at $24 billion.

Russia came fifth on the list with an annual loss of $20 billion, followed by Pakistan ($15.8 billion), Thailand ($12.5 billion), Iran ($12.3 billion), Bangladesh ($11.3 billion) and Vietnam ($10.8 billion).

Last year in May, Cyclone Amphan -- one of the strongest cyclones ever recorded -- caused damages of more than $130 million in Bangladesh, highlighted the report.

A total of 10 million people in 19 districts were affected, and more than 3,30,000 houses were damaged, in addition to, more than 1,76,000 hectares of agricultural land (crops and fish/shrimp farms) and 14,000 livestock were lost.

On the other hand, the Institute for Economics and Peace (IEP) said earlier this month that Bangladesh is among the countries most vulnerable to ecological threats as it ranked 163rd among 178 countries in the Ecological Threat Report 2021.

Meanwhile, the WMO report highlighted that approximately three fourths of mangroves in Asia were located in Bangladesh (24%), Myanmar (19%), India (17%) and Thailand (14%), while mangroves in Bangladesh decreased by 19% from 1992 to 2019.

It also highlighted that Asia had its hottest year on record in 2020, with the mean temperature 1.39°C above the 1981–2010 average.

The land surface temperature, sea-surface temperature and ocean heat content in the region show long-term warming trends larger than the global average.

The report comes days before a UN-led summit on climate change, the twenty-sixth session of the Conference of the Parties (COP26) starts from next Sunday to November 12 in Glasgow city of Scotland.

Bangladesh / Top News

Natural disasters / climate change / UN

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Return to work or face stern action, govt warns protesters as NBR jobs declared 'essential services'
    Return to work or face stern action, govt warns protesters as NBR jobs declared 'essential services'
  • Anti-Corruption Commission, Bangladesh. File Photo: TBS
    ACC launches inquiry against 6 NBR officials over corruption, nepotism allegations
  • Finance Adviser Dr Salehuddin Ahmed. Photo: Collected
    No meeting with NBR officials today: Finance adviser

MOST VIEWED

  • Biman Bangladesh bans WhatsApp for official use
    Biman Bangladesh bans WhatsApp for official use
  • How ONE Bank hides Tk995cr loss through provision deferral
    How ONE Bank hides Tk995cr loss through provision deferral
  • File photo of containers at Chattogram port/TBS
    Complete NBR shutdown halts customs operations, Chattogram Port paralysed
  • Infograph: TBS
    How banks made record profits in a depressed year
  • A battery-operated three-wheeled e-rickshaw on display at the inauguration ceremony of a driver training programme at the Dhaka North City Corporation auditorium on 28 June 2025. Photo: TBS
    E-rickshaws to be introduced in Uttara, Dhanmondi, Paltan areas in August
  • File photo of Umama Fatema/Collected
    'All of us were only deceived': Umama Fatema steps down from Students Against Discrimination

Related News

  • US steps out, Brazil steps in
  • ‘Unacceptable and inadequate’: Experts slam govt for allocating only 0.67% of GDP to 25 climate-related ministries
  • Budget FY26: Tk100cr allocation proposed for tackling climate change risks
  • BNP wants to prioritise climate change, environmental protection in election manifesto: Mahdi Amin
  • Japanese SMBC's $1.86b fossil fuel investments draining Bangladesh's public funds, civil society orgs claim

Features

Photo: Collected

Innovative storage accessories you’ll love

1h | Brands
Two competitors in this segment — one a flashy newcomer, the other a hybrid veteran — are going head-to-head: the GAC GS3 Emzoom and the Toyota CH-R. PHOTOS: Nafirul Haq (GAC Emzoom) and Akif Hamid (Toyota CH-R)

GAC Emzoom vs Toyota CH-R: The battle of tech vs trust

1h | Wheels
How a young man's commitment to nature in Tetulia won him a national award

How a young man's commitment to nature in Tetulia won him a national award

19h | Panorama
From blossoms to bounty: The mango season that revives Rajshahi

From blossoms to bounty: The mango season that revives Rajshahi

19h | Panorama

More Videos from TBS

July Uprising anniversary: What’s NCP planning?

July Uprising anniversary: What’s NCP planning?

1h | TBS Today
NTRCA office surrounded

NTRCA office surrounded

1h | TBS Today
Who is ahead in nuclear weapons?

Who is ahead in nuclear weapons?

2h | Others
SC stays verdict on service discipline rules for lower court judges

SC stays verdict on service discipline rules for lower court judges

2h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net