IRIN Global | Asia East Africa Global Great Lakes Horn of Africa Middle East North America Southern Africa West Africa | Afghanistan Angola Bangladesh Burkina Faso Burundi Benin IRIN Blog Botswana DRC Central African Republic Congo Cote d'Ivoire Cameroon Comoros Cape Verde Djibouti Egypt Eritrea Ethiopia Gabon Ghana Gambia Guinea Equatorial Guinea Guinea-Bissau Haiti Indonesia Israel Iraq Iran Jordan Kenya Kyrgyzstan Cambodia Kazakhstan Laos Lebanon Sri Lanka Liberia Lesotho Madagascar Mali Myanmar Mauritania Mauritius Malawi Mozambique Namibia Niger Nigeria Nepal OPT Papua New Guinea Philippines Pakistan Rwanda Seychelles Sudan Sierra Leone Senegal Somalia Sao Tome and Principe Swaziland Turkmenistan Chad Togo Thailand Tajikistan Timor-Leste Tanzania United Arab Emirates Uganda Uzbekistan Vietnam Western Sahara Yemen South Africa Zambia Zimbabwe | GLOBAL: Investment key to disaster preparedness | Economy Environment Natural Disasters | News Item

IRIN Global | Asia East Africa Global Great Lakes Horn of Africa Middle East North America Southern Africa West Africa | Afghanistan Angola Bangladesh Burkina Faso Burundi Benin IRIN Blog Botswana DRC Central African Republic Congo Cote d'Ivoire Cameroon Comoros Cape Verde Djibouti Egypt Eritrea Ethiopia Gabon Ghana Gambia Guinea Equatorial Guinea Guinea-Bissau Haiti Indonesia Israel Iraq Iran Jordan Kenya Kyrgyzstan Cambodia Kazakhstan Laos Lebanon Sri Lanka Liberia Lesotho Madagascar Mali Myanmar Mauritania Mauritius Malawi Mozambique Namibia Niger Nigeria Nepal OPT Papua New Guinea Philippines Pakistan Rwanda Seychelles Sudan Sierra Leone Senegal Somalia Sao Tome and Principe Swaziland Turkmenistan Chad Togo Thailand Tajikistan Timor-Leste Tanzania United Arab Emirates Uganda Uzbekistan Vietnam Western Sahara Yemen South Africa Zambia Zimbabwe | GLOBAL: Investment key to disaster preparedness | Economy Environment Natural Disasters | News Item: "Philippines senator Loren Legarda noted that China managed to save US$12 billion in rehabilitation costs thanks to its $3 billion investment in flood control. 'We need to look at disaster risk reduction as an investment rather than a cost,' says Legarda. 'In the long term it will be much more effective.'"