In Turkey alone, it is estimated that the devastating earthquake caused more than 100 billion dollars in damage. That says Louisa Vinton, representative of the UN Development Program (UNDP) in Turkey, on Tuesday in Geneva.
The World Bank, UNDP and the EU, among others, contributed to the estimate. “The costs for reconstruction are added to this,” says Vinton.
On March 16, the UNDP is organizing a donor conference in Brussels. However, it is not yet clear how much money is actually needed.
The earthquake in early February killed more than 50,000 people in Turkey and Syria. Millions of people became homeless.