By: Jennifer Steinmann, Deloitte Global Sustainability Business Leader
The increasing frequency and intensity of natural disasters around the world is a significant threat to our communities and economic stability. This is our expected future – it’s important that public and private sectors make smart investments in technology that can improve the ability to plan, respond, and recover from natural hazards.
According to Deloitte Global’s recent AI for Infrastructure Resilience report, natural disasters could cause approximately US$460 billion in annual average losses to infrastructure globally by 2050. These losses are more than double the annual average compared to the last 15 years.
