Disasters cause 3.8 tln USD in crop, livestock losses over 30 years: FAO

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Disasters cause 3.8 tln USD in crop, livestock losses over 30 years: FAO

STORY: Disasters cause 3.8 tln USD in crop, livestock losses over 30 years: FAO DATELINE: Oct. 14, 2023 LENGTH: 0:02:51 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of FAO 2. various of "The impact of disasters on agriculture and food security" report 3. SOUNDBITE (English): MAXIMO TORERO, FAO chief economist 4. various of natural disasters affect agricultural production STORYLINE: Over the last 30 years, an estimated 3.8 trillion U.S. dollars worth of crops and livestock production has been lost due to disaster events, corresponding to an average loss of 123 billion U.S. dollars per year or 5 percent of annual global agricultural gross domestic product (GDP), according to a new report released by the Food and Agriculture Organization of the United Nations (FAO) on Saturday. A new FAO flagship report entitled "The impact of disasters on agriculture and food security" brings the first-ever global estimation of the impact of disasters on agricultural production focused on crops and livestock. It a

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