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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

Using climate financing wisely to address multiple crises

In this review, the authors examine how investments in food, land and water systems can reduce the risk of crises if aligned to harness multiple benefits.
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Documents and publications

Potential climate-induced impacts on trade: the case of agricultural commodities and maritime chokepoints

This study assesses the potential macro-economic effects of climate change affecting operations in three maritime chokepoints, i.e., the Panama Canal, the Suez Canal, and the Turkish Straits.
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Documents and publications

United States electric utility adaptation to natural hazards and green power mandates

The paper focuses on the supply of reliable power and complements recent works that estimate firms and households’ willingness to pay for stable power access.
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US hurricane hotspots brace for busy year as FEMA cash dries up

The latest projections by the Federal Emergency Management Agency (FEMA) suggest its disaster relief fund - used to respond to major disasters - is forecast to run a deficit by September, as it had been on track to do.
Context
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Documents and publications

The nature-based solutions opportunity scan: Leveraging Earth observation data to identify investment opportunities in NBS for climate resilience in cities and coasts across the world

This report summarizes how the Nature-Based Solutions Opportunity Scan supports the World Bank, its clients, and development partners to identify NBS investment opportunities, understand the associated benefits, and integrate interventions into projects.
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Heatwaves ripple into the financial system

This column delves into Mexican financial vulnerabilities, revealing the link between extreme heat and increased delinquency rates, particularly among small and medium-sized enterprises.
Centre for Economic Policy Research
The Burden of Floods
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We are all connected: What to know about transboundary climate risks

At last year’s COP28 in Dubai, parties recognized for the first time the transboundary nature of climate change impacts, the importance of complex and cascading risks, and the need for knowledge-sharing and international cooperation to address them.
United Nations Development Programme (UNDP)
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The warming ocean is leaving coastal economies in hot water

The future of some jobs and businesses across the ocean economy have also become less secure as the ocean warms and damage from storms, sea-level rise and marine heat waves increases.
Conversation Media Group, the

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