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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Cover
Documents and publications

In this study, river salinity monitor data were combined with fish sales records from nearby wholesale markets to evaluate the magnitude, spatial distribution, and fishing impact of salinity changes throughout 2023 in Bangladesh.

World Bank, the
Cover
Documents and publications

This report highlights, that areas like Los Angeles—designated Community Disaster Resilience Zones by FEMA—face disproportionate risks due to economic, environmental, and social vulnerabilities.

George Washington University
Update

Climate change is undermining the insurance systems American homeowners rely on to protect themselves from catastrophes. This breakdown is starting to become painfully clear as families and communities struggle to rebuild.

Conversation Media Group, the
Update

A recent analysis shows that flood protection is far more cost-effective than rebuilding after disasters. In Switzerland, where a large share of the population faces flood risks, the state invests heavily in prevention.

swissinfo.ch - International Service of the Swiss Broadcasting Corporation
Cover and source: Asian Development Bank
Documents and publications

This assessment explores the current application of disaster risk financing solutions by the government, businesses, and individual households; related demand and supply constraints; and opportunities for improvement.

Asian Development Bank (ADB)
Aerial Photos of flooding caused by Hurricane Florence
Update

Disasters in 2024 caused $320bn in losses, with $140bn in insured losses. Hurricanes like hurricanes Helene and Milton, floods, and extreme weather dominated. In this context, it is vital to address the prevention gap.

Münchener Rückversicherungs-Gesellschaft (Munich Re)
A villager distributes water to be used by households during a drought in northern Kenya
Update

Rising temperatures are changing the way water moves around our planet, wreaking havoc on the water cycle. The latest 2024 Global Water Monitor Report shows how these changes are driving extreme events around the world.

Conversation Media Group, the
Update

The report highlights that flooding accounted for an unprecedented 78% of the year's total losses, earning 2024 the designation of "the year of the floods."

Insurance Business America
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