Leveraging technology and innovation for disaster risk management and financing
This joint report examines the potential contribution of emerging technologies and innovations to improving understanding and management of disaster risk and impacts and broadening the adoption of financial protection mechanisms. It focuses specifically on (i) developments in access to data through earth observation technology, street-level imagery, connected devices and volunteered geographical information; (ii) improvements in the capacity to process and analyze this data through cloud computing platforms and big data analytical techniques, such as artificial intelligence; and (iii) increased capacity to transmit risk and risk management information as a result of the proliferation of internet and mobile access and continued improvements in broadband and data speeds.
The report finds that many of the emerging technologies and innovations discussed herein also have the potential to support preparedness and response to pandemic risk. It proposes strategic approaches to leveraging and integrating these technologies and innovations into effective disaster risk management and financing. It suggests that governments focus on resilient communications infrastructure, technical skills, access to data and analytical technologies, insurance regulations, and user awareness and trust.
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