ANKARA, February 27, 2023¡ªThe two very large earthquakes of February 6 caused an estimated $34.2 billion in direct physical damages in T¨¹rkiye, the equivalent of 4% of the country¡¯s 2021 GDP, according to a World Bank rapid damage assessment report released today. The report also acknowledges that recovery and reconstruction costs will be much larger, potentially twice as large, and that GDP losses associated to economic disruptions will also add to the cost of the earthquakes.
Continued aftershocks will also likely add to this damage estimate over time, says the report, which has been prepared to help inform the early response of the World Bank Group and its partners and to support government planning for recovery and reconstruction in T¨¹rkiye.
The February 6 earthquakes of 7.8 and 7.5 magnitude, followed by more than 7,500 aftershocks and two additional earthquakes, have resulted in the largest such disaster to hit the country in over 80 years, and have inflicted the heaviest damage in 11 provinces in southern T¨¹rkiye. These regions have some of the highest poverty rates in T¨¹rkiye and also host more than 1.7 million Syrian refugees, which is almost 50% of the total Syrian refugee population in T¨¹rkiye.
The , which focuses on the direct physical damages in T¨¹rkiye, also estimates that 1.25 million people have been rendered temporarily homeless due to moderate to severe damage or complete building collapse. The report also highlights that 81% of the estimated damages occurred in Hatay, Kahramanmara?, Gaziantep, Malatya and Ad?yaman provinces, which are home to around 6.45 million people (around 7.4% of the total population of T¨¹rkiye).
Direct damages to residential buildings account for 53% ($18 billion) of the total damage, with 28% of damage ($9.7 billion) in non-residential buildings (e.g., health facilities, schools, government buildings, and private sector buildings), and 19% of damage ($6.4 billion) related to infrastructure (e.g., roads, power, water supply). The damage estimates in the report do not include the broader economic impacts and losses for the Turkish economy, or the cost of recovery and reconstruction which could be significantly more than the direct damages and requires a more in-depth assessment.
¡°Our hearts go out to the people of T¨¹rkiye and Syria for the great loss and suffering from this disaster,¡± said Anna Bjerde, World Bank Group Vice President for Europe and Central Asia. ¡°It is heartening to see the mobilization of the global community to help in the massive relief and rescue effort. ľ¹ÏÓ°Ôº has immediately mobilized its technical expertise and financing to support T¨¹rkiye¡¯s recovery efforts.¡±
On February 9, the World Bank announced an initial package of $1.78 billion in assistance to help relief and recovery efforts. This comprises immediate assistance of $780 million via Contingent Emergency Response Components (CERCs) from two existing projects in T¨¹rkiye and $1 billion in a new emergency recovery project to support people affected by this catastrophe.
¡°This disaster serves as a reminder of T¨¹rkiye¡¯s high risk to earthquakes and of the need to enhance resilience in public and private infrastructure. As a leader in disaster risk management, the World Bank is committed to accompany T¨¹rkiye in its efforts to a disaster-resilient economic recovery,¡± said Humberto Lopez, World Bank Country Director for T¨¹rkiye.
Assessments are still ongoing, and given ongoing uncertainty and aftershocks, such as the magnitude 6.3 earthquake on February 20, 2023 in Hatay province, damage estimates may increase further.
For Syria, the World Bank has also undertaken a separate Global Rapid Post-Disaster Damage Estimation (GRADE) Report to estimate direct physical damages in order to support the process of developing a roadmap for recovery and reconstruction. The report is scheduled for release on February 28, 2023.
ľ¹ÏÓ°Ôº in T¨¹rkiye
ľ¹ÏÓ°Ôº¡¯s deep and productive partnership with T¨¹rkiye dates back to 1950. In recent years, the Bank has become a leading partner in supporting a green transition to help T¨¹rkiye protect its people against the impacts of climate change as well as disaster risk management, urban development, energy efficiency. The Bank has implemented the Istanbul Seismic Risk Mitigation and Emergency Preparedness Project; the Safe Schools Project financed by the Facility for Refugees in T¨¹rkiye, among others. Projects under implementation include the Seismic Resilience and Energy Efficiency in Public Buildings Project and T¨¹rkiye Resilient Landscape Integration Project. Last year, the World Bank published the T¨¹rkiye Country Climate and Development Report, which explores the linkages between climate and development to identify priority actions to reduce carbon emissions and build resilience. The World Bank¡¯s T¨¹rkiye program currently stands at 30 active lending operations worth $9 billion.
ľ¹ÏÓ°Ôº and Disaster Risk Management
Disasters hurt the poor and vulnerable the most. Over the past decade, the World Bank has emerged as the global leader in disaster risk management, supporting client countries to assess exposure to hazards and address disaster risks. The can provide an initial rapid estimation of the physical post-disaster damage incurred by key sectors within two weeks of the disaster. The GRADE report for T¨¹rkiye was conducted and financially supported by the (GFDRR) in collaboration with the World Bank.
