Global Assessment Report on Disaster Risk Reduction 2015
Making development sustainable: The future of disaster risk management

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20 per cent of their total social expenditure, compared to only 1.19 per cent in North America and less than 1 per cent in Europe and Central Asia.
Individual countries such as the Bahamas and Antigua and Barbuda have an extraordinarily high ratio of AAL to social expenditure (Figure 3.23). In five SIDS, the AAL is equivalent to over 100 per cent of what these countries are currently able or willing to spend on education, health and social protection.
In the case of earthquakes, the AAL in Trinidad and Tobago represents over 20 per cent of the islands’ capital investment, and in Saint Kitts and Nevis the figure is over 10 per cent. Over a 50-year period, both countries face a 10 per cent probability of losing around 27 per cent of their total capital stock in an earthquake (Figure 3.24).
In the case of tropical cyclones, nearly all of the countries with the highest AAL relative to capital
(Source: UNISDR with data from Global Risk Assessment and the World Bank.)
Figure 3.23 Top 15 SIDS: Multi-hazard AAL in relation to social expenditure
Figure 3.24 Top 15 SIDS: Earthquake PML500 in relation to capital stock
(Source: UNISDR with data from Global Risk Assessment and the World Bank.)
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