The strategy of economis losses reduction from natural disasters in Europe (water shortage, water crisis and forest fires)

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Abstract


Natural disasters are one of the main sources of risks and economic losses in modern time. The annual economic damage for European Union from climate change is from 0.1% to 1% in terms of gross domestic product (GDP). The projected climate change in EU can significant increase the economic losses of EU. The innovation methods of managing the crisis with the help of modern technical solutions can significant reduce the economic losses from Natural disasters. The application of method of weather modification and creation of artificial precipitations during the extreme droughts can reduce in times the economic damage from Natural disasters.

About the authors

L V Sorokin

Peoples’ Friendship University of Russia

Email: leonid.plasma@gmail.com

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Copyright (c) 2016 Economics



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