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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

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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.
Outdoor view of people on a street in Leon, Nicaragua.
Update

Exploring options for Latin America and the Caribbean

The unprecedented challenges posed by climate change demand immediate and effective action by governments and finance ministries to address the challenges of mitigation and adaptation.
Inter-American Development Bank (IDB)
Update

'Oven on wheels': US Amazon drivers roast before 'Prime Day' rush

After a particularly gruelling day delivering packages in 90 degrees Fahrenheit (32 degrees Celsius) outside of Philadelphia, Amazon delivery driver Randy woke up feeling off, checked the weather, and decided he didn't feel safe going into work.
Context
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Documents and publications

Valuing the economic impact of river floods and early flood warning for households in Bangladesh

This study quantifies the economic value of increased flood warning time to households in the Jamuna River floodplain of Bangladesh.
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Debt-disaster-debt: hurricane-damaged islands are being saddled with loans they cannot afford

Flood waters remain, and the full impact of Beryl is yet to be assessed. But one thing is clear, the cost will be far higher than these countries and their citizens can afford.
Conversation Media Group, the
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Documents and publications

Mainstreaming climate risk into development: Challenges and recommendations

The brief explains Sri Lanka’s vulnerability to climate-induced weather events and the challenges in key sectors, namely, energy, water, agriculture, livestock, fisheries, tourism, and manufacturing.
Extreme electrical storm, South Africa
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Extreme weather in South Africa is disrupting tourism – research tracks the impact on coastal areas

The increased intensity of tropical and mid-latitude cyclones has caused severe damage to coastal tourism infrastructure in South Africa’s coastal provinces, which are a hub for tourism.
Conversation Media Group, the
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Documents and publications

Breaking the cycle of risk: mapping a pathway for climate-vulnerable countries to address resilience and debt

A new report, “Breaking the cycle of risk: Addressing resilience and debt for a new global financial architecture”, shows that we have the opportunity to move climate vulnerable countries out of debt by reforming the financial architecture.
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