### Devastating Floods Claim Lives in Bosnia-Herzegovina

The recent severe flooding and landslides in Bosnia-Herzegovina have resulted in at least 16 tragic deaths, with civil defense officials warning that the death toll could continue to rise. The country, located in southeastern Europe, has been battered by unusually heavy rainfall over the past 24 hours, causing widespread destruction and devastation.

#### The Impact of the Floods

– The worst affected area is a mountainous region approximately 30 kilometers north of Mostar.
– Tragically, bodies have been discovered in the mountainous Jablanica region, where photos show homes buried up to the roof by landslides.
– The situation is dire, with many residents unable to leave their homes, prompting urgent calls for military assistance from the inter-ethnic presidency that governs Bosnia.

### Urgent Rescue Efforts Underway

The town of Jablanica, with a population of 4,000, has been described as “completely cut off from the world” by government officials. Rescue teams are facing numerous challenges, with blocked roads preventing access to some villages and upcoming rainfall expected to hamper their efforts.

#### A Race Against Time

– Civil defense authorities are prioritizing the search for missing individuals, aiming to complete the operation as swiftly as possible.
– In central Bosnia, towns like Kiseljak have also been severely impacted, with homes, gardens, and cars submerged under water.
– Neighboring Croatia has issued flood warnings for the coastal city of Rijeka and its interior regions.

### Climate Change’s Role in Extreme Weather Events

Scientists have long warned about the effects of manmade climate change, which are exacerbating the likelihood, intensity, and duration of extreme weather events like the torrential rains experienced in Bosnia-Herzegovina.

The devastating floods in Bosnia-Herzegovina serve as a stark reminder of the urgent need for global action to address climate change and mitigate its impact on vulnerable communities. As the financial markets respond to the aftermath of this natural disaster, investors should consider the broader implications of climate-related risks on their portfolios and the economy at large.

By staying informed and proactive in addressing environmental challenges, individuals can contribute to a more sustainable future for all.

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