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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

Rising seas: Building resilience against coastal flooding in Asia and the Pacific

Sea level rise will hike coastal flood losses at least 12-fold by 2100. The benefits of adaptation outweigh the costs, providing returns at least 10 times the investments.
Development Asia
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Documents and publications

Estimating the economic impact of governance in disaster risk management: Theory and evidence from Latin America and the Caribbean

In this publication the authors combine a new dataset on disaster risk management governance for 26 countries from the Latin America and Caribbean region with annual information on economic losses resulting from disasters between 1980 and 2016.
Update

Severe thunderstorms and flooding drive disaster losses in the first half of 2024

Analyses of long-term trends indicate that the risks emanating from severe weather events are changing. More frequent and intense weather-related disasters translate into higher claims payments for insurers.
Münchener Rückversicherungs-Gesellschaft (Munich Re)
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Documents and publications

Displacement as a development issue: Enabling public policy to unlock climate finance in Asia and the Pacific

This paper looks at the current public policy approaches to displacement across Asia and the Pacific, provides insights into selected country approaches, and explores the role of existing development finance.
Good Practices in Financing Recovery and Building Back Better
Documents and publications

Good practices in financing recovery and building back better

This recovery brief provides recovery practitioners with lessons and good practices on financing post-disaster recovery, recovery preparedness and building back better.
Update

Extreme heat poses ‘real risk’ to Spain’s mass tourism industry

Public health adviser says higher temperatures caused by climate crisis pose danger for visitors not used to them
Guardian, the (UK)
Cover-World Bank
Documents and publications

Closing the gap: Trends in adaptation finance for fragile and conflict-affected settings

This report examines global financial flows to support adaptation in fragile and conflict affected settings by consolidating a decade’s worth of climate finance data from international funders. 
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Documents and publications

Estimating the budgetary impacts of changing climate hazards on public infrastructure in Ontario

This report projects the budgetary impacts of extreme rainfall, extreme heat and freeze-thaw cycles on public infrastructure in Ontario.
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