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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

Food market
Research briefs

Extreme heat drives up food prices. Just how bad will it get?

New research shows that climate change is already fueling heatflation, with worse to come.
Grist Magazine
A devastating magnitude 7.8 earthquake struck the Turkish province of Kahramanmaras.
Update

Catastrophes in 2023

In 2023, natural catastrophes resulted in economic losses of USD 280 billion. Of these USD 108 billion (40%) were covered by insurance, above the previous 10-year average of USD 89 billion.
Swiss Reinsurance Company (Swiss Re)
Cover
Documents and publications

Liberia Country and Climate Development Report (CCDR)

This report examines Liberia’s development trajectory through the lens of the country’s vulnerability to climate change.
Cover
Documents and publications

Flood risk management: Leveraging finance for business resilience in Malaysia

This report looks holistically at the challenges of adaptation to climate change for businesses, exploring the complementarity among the public sector, the financial sector, and the private sector.
Cover
Documents and publications

Boon and burden: economic performance and future perspectives of the Venice flood protection system

This study aims to investigate the economic viability of MoSE (Modulo Sperimentale Elettromeccanico or Experimental Electromechanical Module) operations in light of the potential future evolution of SLR (Sea-level rise).
Cover and source: World Bank
Documents and publications

Resilience Rating System: A methodology for building and tracking resilience to climate change - Synthesizing key lessons from IDA19 Piloting

The RRS evaluates and rates investment projects from C to A+, based on their resilience attributes in two complementary dimensions.
A farmer tends to his maize crop in Talquezal, Guatemala
Update

Financial protection against climate risks for family farmers in northern Central America

A recently published feasibility study identifies potential disaster risk finance and insurance solutions that could provide basic financial protection at scale for family farmers in northern Central America.
World Bank, the
Cover
Documents and publications

Asymmetric sovereign risk: Implications for climate change preparation

This study shows that sovereign risk, and hence funding costs for governments, exhibits significantly asymmetric reactions to its determinants across the conditional distribution of credit spreads.

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