Conference Objective
To find ways to reduce the toll of disasters through preparation, ultimately to reduce human casualties. Due to the proximity to the devastating tsunami, developing a global tsunami warning systems was high on the agenda. Other topics include:
- pledges to reduce disaster damage
- healthcare after disaster
- early warning systems
- safe building standards
- agree upon cost-effective preventative countermeasures
- a global database on relief and reconstruction and a centre on water hazards
The Pacific Rim Tsunami Warning system is an example of a cost-effective warning system; its yearly operating cost is approximately USD 4 million. The yearly operating cost of a hypothetical global warning system is estimated at USD $30 million. This cost, compared to the international aid donations of nearly USD $8 billion for the 2004 Indian Ocean earthquake and tsunami, clearly demonstrates the cost effectiveness of such a system.
Read more about this topic: World Conference On Disaster Reduction
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