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Disasters to cost cities Sh31tr by 2030 - report

A helicopter flies over destroyed houses after Hurricane Matthew passes Jeremie, Haiti, October 7, 2016. (Photo: Reuters/Standard)

Cities will need to be more resilient or cease being hubs of economic developments, says a new report released last week.

The report, titled Investing in Urban Resilience, says natural disasters such as the recent Hurricane Matthew sweeping across the Americas threaten the lives of more than four billion urban dwellers.

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