US EditionHow Vulnerable Is Albania to Earthquakes? World Bank Warns of Sharp GDP Decline by 2050
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How Vulnerable Is Albania to Earthquakes? World Bank Warns of Sharp GDP Decline by 2050
Albania faces a significant economic threat from earthquakes — the most damaging natural disaster risk to the country, according to the World Bank. In its most recent report published in November, the World Bank warns that by 2050, earthquakes alone could reduce Albania’s GDP per capita by more than 15.6% if no major resilience measures are taken. The projections are part of a broader analysis of the negative economic impact of climate change an…
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