The Economic Impact of Natural Calamities: Understanding the Ripple Effects on Global and Local Economies

Posted on October 22, 2024

Natural calamities, also referred to as natural disasters, are acts carried out by the elements of nature, for example, earthquakes, floods, hurricanes, droughts, and wildfires. They take away human lives and property and often have devastating effects on the economy of a country. A natural calamity produces an economic ripple throughout several sectors, from infrastructure […]

How Natural Reservoirs Strengthen a Nation: Water Security, Economic Growth, and Environmental Resilience

Posted on October 8, 2024

Natural reservoirs, including lakes, rivers, groundwater basins, wetlands, and glaciers, are vital sources of water and play an important role in a country’s growth and sustainability. Beyond their importance as sources of freshwater, they also have significant environmental, economic, and social impacts. They store water naturally, impede climate change, act as a cushion against natural […]