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Economics of DRR

Τhis theme covers economic analysis supporting risk-informed investments and better investment planning and financing strategies for disaster risk reduction. It also adresses post-event economic loss and impact assessments, cost benefit analysis and other DRR investment appraisal techniques, ex-ante economic impact assessments.

Latest Economics of DRR additions in the Knowledge Base

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Documents and publications

Fiscal resilience over time and its management in the context of multi-risks: an application to the Danube Region

The study examines fiscal resilience in the Danube Region, emphasizing how governments manage financial risks from multi-hazards like floods and earthquakes, the need for tailored strategies based on fiscal vulnerabilities and multi-risk scenarios.
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Documents and publications

Loss and damage in informal urban settlements: Summary report

This report examines the economic and non-economic losses experienced in three major cities: São Paulo (Brazil), Nairobi (Kenya), and Jakarta (Indonesia).
Creating conditions for financing
Update

Just 1.1% of total crisis financing from international development donors was arranged in advance in 2022, according to the latest data, and remains concentrated in wealthier regions

Despite the limited availability of pre-arranged financing, and the fact that it remains concentrated in wealthier regions, the Centre for Disaster Protection’s second annual benchmark report, reveals signs of progress.
Centre for Disaster Protection
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Documents and publications

The state of pre-arranged financing for disasters 2024

The State of Pre-arranged Financing for Disasters 2024 is a unique source of data and analysis on the level of effort of international development donors to support a shift towards arranging financing for disasters, before shocks happen.
cityscape
Update

North Macedonia faces severe climate change impacts and needs major investments to protect people and economy

North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights a World Bank Group's new Country Climate and Development Report.
World Bank, the
Man planting mangroves in the water in Indonesia.
Research briefs

The cost-effectiveness of nature-based solutions for reducing disaster risk

New study finds nature-based solutions to be more cost-effective than conventional engineering solutions for disaster risk reduction.
Nature-based Solutions Initiative
Green Globe with Network connection and stack of silver coins with seedlings growing on top
Update

10 Key considerations to boost climate finance in Latin America and the Caribbean

Climate change is one of the greatest challenges of our time, and addressing it requires not only political will but also proper alignment of action planning with public finance and fiscal policy instruments to catalyze the necessary investments.
Inter-American Development Bank (IDB)
Update

Alive and uninsured: rebuilding businesses after hurricanes

To fill the insurance gap and unlock cash more quickly, parametric microinsurance is increasingly seen as an option to help cushion the financial blow of ever-more-frequent hurricanes.
Context
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