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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

Update

Adaptation and resilience investment: How do we get the capital it needs

More than $200 billion is needed annually for adaptation and resilience investments in water and energy systems, agriculture improvements and early-warning systems. This is set to rise if the 1.5 degree Celsius threshold is breached.
World Economic Forum
Heatwave, Bangladesh, 30 April 2024
Update

Why climate finance is pivotal to alleviating harm from South Asia's extreme heat

In the sweltering streets of South Asia, where temperatures soar to staggering heights, heat waves are not merely weather phenomena but existential threats, casting a long shadow over the region's future.
World Economic Forum
Research briefs

Putting a number on Loss and Damage

In a new article, authors explore novel ways of quantifying the economic costs of L&D which combines novel climate economic insights on damage quantification with principles of historical responsibility, applied to the L&D context.
Centro Euro-Mediterraneo sui Cambiamenti Climatici
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Documents and publications

Assessing top-down climate finance needs: Methodology

While global climate finance has steadily increased over the past decade, much more is needed to keep global temperature rises within 1.5°C by the end of this century and avoid the worst impacts of climate change.
Cover
Documents and publications

Summer residential cooling outlook: Residential electric utility expenditures projected to reach record levels, highest in 10 years

Due to the unprecedented rise in summer temperatures and higher rates of extreme heat events over the last ten years, the cost of summer cooling has risen from $476 in 2014 to a predicted $719 in 2024.
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Documents and publications

Climate change vulnerability, adaptation and public debt sustainability in Small Island Developing States

This paper evaluates the climate change-related vulnerabilities of the Small Island Developing States (SIDS). The paper reviews the limited studies conducted so far, on the potential long-term costs of effective adaptation investment programs.
Plants growing out of small piles of coins.
Update

Top-down climate finance needs

While global climate finance has steadily increased over the past decade, much more is needed to keep global temperature rises within 1.5°C by the end of this century and avoid the worst impacts of climate change.
Climate Policy Initiative (CPI)
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Documents and publications

Global small island developing states (SIDS) debt sustainability support service: A new financial compact for resilient prosperity

This document sets out the design for a Global SIDS Debt Sustainability Support Service, which will feature a layered approach to debt sustainability, future protection measures, resilience investment, and advisory and legal support.

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