Mangroves, reefs reduce losses from disasters – Word Bank | The Manila Times Online

The Philippines was able to save more than $1 billion in losses because of its natural systems, according to a World Bank report.

In its Lifelines: The Resilient Infrastructure Opportunity report released last week, the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) noted that “combining infrastructure with nature-based solutions” reduces countries investment needs.

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