The United Nations General Assembly convened a World Conference on Disaster Reduction, to be held in Kobe, Hyogo, Japan, from 18 to 22 January 2005. The Conference was to take stock of progress in disaster risk reduction accomplished since the Yokohama Conference of 1994 and to make plans for the next ten years. In order to prevent possible catastrophes or at least to minimize consequential losses, the conference adopted a plan of action that included the following points: * All …
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…ever due to the indirect losses. A devastating quake in the Tokyo region could now generate losses amounting to between US$ 1,000bn and 2,000bn - staggering dimensions that would put the squeeze not only on every single national economy but also on the entire financial world. More than 48, 000 Killed in Earthquakes in Pakistan Over 120, 000 injured. Over half a million homeless, Over 32 nations participating in Relief work. UN appealing for more aid as losses exceed $ 5 Billion.