"... since 2010, New Zealand had incurred $64b in costs from natural hazards, at least $19b of which came from central government.

The research showed that 97% of the central government expenditure was on responding to and recovering from natural disasters, with only 3% spent on risk reduction and resilience."

#MartySharpe, 2026

https://www.stuff.co.nz/nz-news/360932600/government-rejects-plan-prevent-landslides-and-save-hundreds-millions

#HatTip to @norightturnnz for the link (see the post above for a link to the post referencing this)

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#NaturalDisasters #resilience

Stuff