Green | October 14, 2011 | 2 comments

Thailand suffers most expensive flood in history

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JanforGore
Meteorologist Dr. Jeff Masters reports on the staggering floods that have hit Thailand:

Heavy rains in Thailand during September and October have led to extreme flooding that has killed 283 people and caused that nation’s most expensive natural disaster in history. On Tuesday, Thailand’s finance minister put the damage from the floods at $3.9 billion. This makes the floods of 2011 the most expensive disaster in Thai history, surpassing the $1.3 billion price tag of the November 27, 1993 flood, according to the Centre for Research on the Epidemiology of Disasters (CRED).

And this is but the latest example of how extreme weather harms global food security (see “Global Food Prices Expected to Climb, Get More Volatile.” As BusinessWeek reported, “Floodwaters have swept across 60 of Thailand’s 77 provinces over the past two months … destroying more than 10 percent of the nation’s rice farms.” Masters notes “Thailand is the world’s largest exporter of rice, so the disaster may put further upward pressure on world food prices, which are already at the highest levels since the late 1970s.”

Eastern Thailand was deluged with 5 feet of rain in September. And there’s more to come:

Some of the highest tides of the month occur this weekend in the capital of Bangkok, and the additional pressure that incoming salt water puts on the flood walls protecting the city is a major concern. A moderate monsoon flow continues over Southeast Asia, and the latest GFS model precipitation forecast foresees an additional 2 – 5 inches of rain over most of Thailand during the next three days.

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