Tools for mainstreaming disaster risk reduction: guidance note 8, economic analysis
Tools for mainstreaming disaster risk reduction is a series of 14 guidance notes for use by development organisations in adapting programming, project appraisal and evaluation tools to mainstream disaster risk reduction into their development work in hazard-prone countries. The series is also of relevance to stakeholders involved in climate change adaptation. This guidance note addresses the issue of economic analysis, providing information on how to ensure that disaster risk and related options for reducing vulnerability are adequately and systematically examined from an economic perspective in scoping development projects. The note also provides direction on the economic appraisal of disaster risk reduction projects. This guidance note is intended for use by economists in development organisations, complementing their existing economic analysis guidelines.