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CDRI says resilient infrastructure could halve GDP losses after disasters

Daily FT

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December 15, 2025

New research from CDRI shows the true impact of disasters can be seven times greater than immediate physical damage 61-member Coalition calls for action to make resilient infrastructure the new global standard

CDRI says resilient infrastructure could halve GDP losses after disasters

INVESTING in resilient infrastructure could cut GDP losses from disasters by half between now and 2050, according to new modelling released today at COP30 by the New Delhi-based Coalition for Disaster Resilient Infrastructure (CDRI).

CDRI has analysed the broader economic impact of climate-related disasters across a representative sample of eight climate-vulnerable countries: Bangladesh, Barbados, Bhutan, Fiji, Ghana, Kenya, Madagascar, and the Philippines.

Key findings include: Infrastructure disruptions account for 80% of disaster related losses across the eight nations; The true economic cost of infrastructure failure can exceed physical damage by more than seven times and Without urgent investment, annual GDP losses could reach 14.5% in Bangladesh and 12.9% in the Philippines by 2050, with the average rising from 5.2% to 7.4%.

MÁS HISTORIAS DE Daily FT

Daily FT

League battles intensify amid refereeing debate

THE Inter-Club Rugby League heads into a decisive weekend with four compelling encounters, where form teams are expected to assert themselves, even as concerns over officiating continue to cloud the competition.

time to read

2 mins

December 25, 2025

Daily FT

Rhino Roofing rises up to strengthen children’s education

RHINO Roofing Products Ltd., has donated 300 roofing sheets to the Brothers of Charity Learning Disability Services, facilitating the completion of a new classroom building at their Daluwakotuwa centre.

time to read

1 min

December 25, 2025

Daily FT

Several private companies donate to 'Rebuilding Sri Lanka'

The President's Media Division has said that daily contributions are being made to the Government's 'Rebuilding Sri Lanka'

time to read

1 min

December 25, 2025

Daily FT

Harsha calls on President to act as country left without Auditor General

THE main Opposition party, Samagi Jana Balawegaya (SJB) MP and Committee on Public Finance (CoPF) Chair Dr. Harsha de Silva has written to President Anura Kumara Dissanayake expressing serious concern over the continued vacancy in the Office of the Auditor General, warning that the absence of this constitutionally mandated position is undermining Parliamentary oversight of public finances.

time to read

1 mins

December 25, 2025

Daily FT

Daily FT

Debt relief as disaster relief: A timely call by international experts

AT the time of writing this article, media reports indicate that a group of 120 leading global economists, including Nobel laureate Joseph Stiglitz, have issued a welcome and timely call for the suspension of Sri Lanka's debt payments and a fresh assessment of debt sustainability.

time to read

5 mins

December 25, 2025

Daily FT

Gold and silver hit records as investors hunt for safety

THE gold price has hit another record high this week, trading above $4,400 (£3,275) an ounce for the first time.

time to read

2 mins

December 25, 2025

Daily FT

Collective for Social Media Declaration has its say on Protection of the State from Terrorism Act

Warns serious risks to freedom of expression, privacy, and democratic accountability

time to read

3 mins

December 25, 2025

Daily FT

Negombo CC up against formidable SSC

NEGOMBO CC with two back-to-back innings victories under their belt meet high-riding SSC at SSC Grounds in one of six matches down for decision commencing tomorrow in the Tier B 3-Day League.

time to read

1 mins

December 25, 2025

Daily FT

Daily FT

Morison 'Suwa Deya' platform supports cyclone-affected communities with purpose-driven action

HELPING Sri Lanka rise again through purpose-driven action, Morison, a leading local pharmaceutical manufacturer, recently extended its CSR platform 'Suwa Deya' by offering vital medicinal support to communities affected by the recent disaster.

time to read

1 min

December 25, 2025

Daily FT

Maliban Biscuit Manufactories partners Yevan David as Sri Lanka enters FIA Formula 3 history

MALIBAN Biscuit Manufactories has announced a partnership with rising motorsport talent Yevan David, as he prepares to compete on the international stage in the 2026 FIA Formula 3 Championship.

time to read

2 mins

December 25, 2025

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