Multiple times a year, the Philippines experience severe flooding which lead to the displacement of thousands (Climate Change Knowledge Portal, n.d.).
As of mid August 2022, at least three floods have struck the archipelagic country and some of its most densely populated cities, including Metro Manila and Quezon City (Cayabyab, 2022; Floodlist, 2022). The highly exposed and increasingly urbanising country suffers an annual economic loss of US$500-625 million (Climate Change Knowledge Portal, n.d.).
While flooding is already the second most frequently occurring hazard after storms in the Philippines, under the RCP8.5 pathway, the country will see a 61.000 people increase in population affected and US$451 million in damages by flooding every year (World Bank Group, 2021).
Between 1978 and 2018, floods killed 2.847 people and affected roughly 30 million, while causing a total of US$3.5 billion in economic damage (Alcantara, 2019). One-fourth of these fatalities, a whooping 68% of people affected, and over two-thirds of the economic damage occurred in the last decade of said time span, indicating that flood-related impacts are on the rise (Alcantara, 2019).
Read more about extreme weather here.
Read more about the socio-economic risks of climate change here.
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