Risk-informed development: Using disaster risk information for resilience
Disaster risk is a function of the probability of occurrence of a hazard of varying intensity (i.e., physical strength) in a particular location, the people and physical assets situated in that location and therefore exposed to the hazard; and the level of vulnerability of those exposed people and physical assets to that hazard.
In this context, a regional conference was organized in Bangkok, Thailand, with the objectives to (i) discuss the importance of risk-informed development in the context of Southeast Asia’s rapid development, (ii) demonstrate how to apply disaster risk information to development processes and decision-making, and (iii) identify the enabling environment required to implement risk-informed development. The conference provided a space for senior technical staff from government agencies in Southeast Asia, private sector companies involved in undertaking disaster risk assessments, and partner organizations to explore the application of disaster risk information in development.