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  • Unlocking the triple dividend of resilience: Why investing in DRM pays off
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Unlocking the triple dividend of resilience: Why investing in DRM pays off

Source(s):  Global Facility for Disaster Reduction and Recovery, the (GFDRR)
Overseas Development Institute (ODI)
World Bank, the (WB)

This document explains how investing in disaster risk management (DRM) can yield real benefits in the short and the long-term. It states that reducing disaster-related ‘background risk’ enables forward-looking planning, long-term capital investments, and entrepreneurship. In addition, and regardless of whether a disaster hits or not, it explains that DRM investments generate co-benefits as a result of the ‘spill-over’ of social, economic and environmental benefits arising from DRM investments themselves. These benefits are according to the authors due to the avoided loss and damage of a disaster.

Investing in disaster resilience, therefore, can yield a ‘triple dividend’ by (1) avoiding losses when disasters strike; (2) unlocking development potential by stimulating innovation and bolstering economic activity in a context of reduced disaster-related background risk for investment; and (3) through the synergies of the social, environment and economic co-benefits of disaster risk management investments even if a disaster does not happen for many years. Lastly, the document explains why not investing in DRM is a missed opportunity for social, economic and environmental progress.



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  • Unlocking the triple dividend of resilience: Why investing in DRM pays off
  • Publication date 2015
  • Author(s) Tanner, T; Rentschler, J
  • Number of pages 24 p.

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