GAR 2015 Main Report

Part I - Chapter 3

middle-income countries, which are not able to make the necessary investments in flood defences. Increased investment in flood risk management in these countries will therefore be a precondition for achieving the Sustainable Development Goals.

3.4 Small island developing states

at risk

Due to their size, location and characteristics of their economies, SIDS are particularly challenged by disaster risk. In relation to their capital stock, investment and social expenditure, they face the highest potential losses associated with several hazards.

Smallislanddevelopingstates(SIDS)24facedisproportionally high risks. For example, SIDS would be expected to lose 20 times more of their capital stock each year compared to Europe and Central Asia. Relative to capital investment or social expenditure, SIDS also top all of the regional risk rankings. Their combined AAL is equivalent to 10 per cent of their total annual capital investment, compared to less than 2 per cent in East Asia and the Pacific and around 1.2 per cent in Europe and Central Asia (see Figure 3.8 in Section 3.2 above). Similarly, the AAL in SIDS is equivalent to almost

Figure 3.22 Top 15 countries: Flood AAL in relation to social expenditure (excluding SIDS)

(Source: UNISDR with data from the Global Risk Assessment and the World Bank.)

	74 Part I - Chapter 3 middle-income countries, which are not able to make the necessary investments in flood defences. Increased investment in flood risk management in these countries will therefore be a precondition for achieving the Sustainable Development Goals. 3.4 Small island developing states at risk Due to their size, location and characteristics of their economies, SIDS are particularly challenged by disaster risk. In relation to their capital stock, investment and social expenditure, they face the highest potential losses associated with several hazards. Smallislanddevelopingstates(SIDS)24facedisproportionally high risks. For example, SIDS would be expected to lose 20 times more of their capital stock each year compared to Europe and Central Asia. Relative to capital investment or social expenditure, SIDS also top all of the regional risk rankings. Their combined AAL is equivalent to 10 per cent of their total annual capital investment, compared to less than 2 per cent in East Asia and the Pacific and around 1.2 per cent in Europe and Central Asia (see Figure 3.8 in Section 3.2 above). Similarly, the AAL in SIDS is equivalent to almost Figure 3.22 Top 15 countries: Flood AAL in relation to social expenditure (excluding SIDS) (Source: UNISDR with data from the Global Risk Assessment and the World Bank.)	Page 1 Page 10 Page 20 Page 30 Page 40 Page 50 Page 60 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 ->Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 90 Page 100 Page 110 Page 120 Page 130 Page 140 Page 150 Page 160 Page 170 Page 180 Page 190 Page 200 Page 210 Page 220 Page 230 Page 240 Page 250 Page 260 Page 270 Page 280 Page 290 Page 300 Page 310