Publication:
Cost Benefit Studies on Disaster Risk Reduction in Developing Countries

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dc.contributor.authorKC, Shyam
dc.date.accessioned2013-10-10T20:23:27Z
dc.date.available2013-10-10T20:23:27Z
dc.date.issued2013-08-01
dc.description.abstractThe focus of development actors working in the area of disaster management has shifted substantially from disaster recovery to disaster risk reduction over the past decade, coinciding with the decade of the Hyogo Framework for Action (HFA) 2005-2015. Amidst this strategic shift, there is now the need to work towards ensuring that investments made to reduce disaster risks are cost-effective and that the benefits reach all members of the population including the poor and vulnerable, who are often 'affected disproportionately' (Global Assessment Report 2009, The Sendai Report 2012). The losses from natural disasters to mankind are undoubtedly massive-on average, globally every year over 100,000 people were killed and some 246 million people affected by natural disasters during the period 2002-2011 and the estimated average economic loss was US$131 billion per year. The purpose of this note is to briefly survey existing evidence in developing countries with regard to the benefits and costs of various disaster risk reduction interventions so as to provide some general lessons for Disaster Risk Reduction (DRR) practitioners on the strengths and limitations of such existing work. In doing so, this note examines evidence on the economics of DRR in developing countries. The note begins by providing a comparative guideline for analysis. This is followed by a summary diagnostic of seventeen case studies along five key dimensions comprising the guideline as follows: 1) metric and methodology, 2) sources of uncertainty, 3) measuring fatalities and injuries, 4) results obtained, and 5) disaggregated impacts. In the concluding section that follows, the note discusses the overall trends in the field of performing cost and benefits analysis of DRR measures and offers some recommendations for ways forward.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/08/18136412/cost-benefit-studies-disaster-risk-reduction-developing-countries
dc.identifier.doi10.1596/16111
dc.identifier.urihttps://hdl.handle.net/10986/16111
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEAP DRM Knowledge Notes Working Paper Series;No. 27
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADAPTATION
dc.subjectALLOCATION
dc.subjectASSET VALUE
dc.subjectBANKS
dc.subjectBENEFIT ESTIMATES
dc.subjectCATASTROPHE RISK
dc.subjectCATASTROPHIC EVENT
dc.subjectCENTRE FOR RESEARCH ON THE EPIDEMIOLOGY
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE IMPACTS
dc.subjectCOST ANALYSES
dc.subjectCOST BENEFIT ANALYSIS
dc.subjectCOST- BENEFIT
dc.subjectCOST-BENEFIT
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCOSTĀ­BENEFIT ANALYSIS
dc.subjectCRED
dc.subjectCYCLONES
dc.subjectDAMAGE ASSESSMENT
dc.subjectDAMAGES
dc.subjectDEEP UNCERTAINTY
dc.subjectDISASTER
dc.subjectDISASTER IMPACTS
dc.subjectDISASTER LOSSES
dc.subjectDISASTER MANAGEMENT
dc.subjectDISASTER MITIGATION
dc.subjectDISASTER MITIGATION PROJECT
dc.subjectDISASTER PREPAREDNESS
dc.subjectDISASTER PREVENTION
dc.subjectDISASTER RECONSTRUCTION
dc.subjectDISASTER RECOVERY
dc.subjectDISASTER REDUCTION
dc.subjectDISASTER RISK
dc.subjectDISASTER RISK ASSESSMENT
dc.subjectDISASTER RISK MANAGEMENT
dc.subjectDISASTER RISK REDUCTION
dc.subjectDISASTER RISKS
dc.subjectDISASTER TYPE
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNT RATES
dc.subjectDISTRIBUTIONAL IMPACTS
dc.subjectDRAINAGE SYSTEMS
dc.subjectDROUGHT
dc.subjectEARLY WARNING
dc.subjectEARLY WARNING SYSTEM
dc.subjectEARTHQUAKE
dc.subjectEARTHQUAKES
dc.subjectECONOMIC ANALYSES
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC IMPACTS
dc.subjectECONOMIC STUDY
dc.subjectEMERGENCY PREPAREDNESS
dc.subjectEPIDEMIOLOGY OF DISASTERS
dc.subjectEVACUATION
dc.subjectEXCHANGE RATE
dc.subjectEXTREME EVENT
dc.subjectFATALITIES
dc.subjectFATALITY
dc.subjectFINANCIAL COSTS
dc.subjectFIRE
dc.subjectFLOOD
dc.subjectFLOOD DAMAGE
dc.subjectFLOOD DEFENSES
dc.subjectFLOOD PROTECTION
dc.subjectFLOOD PROTECTION SYSTEM
dc.subjectFLOOD RISK
dc.subjectFLOODING
dc.subjectFLOODS
dc.subjectGLOBAL FACILITY FOR DISASTER REDUCTION
dc.subjectHAZARD MITIGATION
dc.subjectHURRICANE
dc.subjectHURRICANE DAMAGE
dc.subjectHURRICANE DISASTER
dc.subjectHURRICANES
dc.subjectIMPACTS OF HURRICANE
dc.subjectINCOME
dc.subjectINTERNATIONAL STRATEGY FOR DISASTER REDUCTION
dc.subjectINVESTMENT DECISIONS
dc.subjectLAHARS
dc.subjectLAND ECONOMICS
dc.subjectLAND USE
dc.subjectLOSSES FROM FLOODS
dc.subjectMITIGATION OPTION
dc.subjectMONETARY BENEFITS
dc.subjectMORTALITY RISK
dc.subjectNATURAL DISASTER
dc.subjectNATURAL DISASTER RISK MANAGEMENT
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL HAZARDS
dc.subjectPRESENT VALUE
dc.subjectREDUCING POVERTY
dc.subjectRISK ANALYSIS
dc.subjectRISK ASSESSMENT
dc.subjectRISK REDUCTIONS
dc.subjectSAFETY
dc.subjectSAVINGS
dc.subjectSCENARIOS
dc.subjectTORNADO
dc.subjectTYPHOON
dc.subjectUNCERTAINTIES
dc.subjectVULNERABILITY TO DISASTERS
dc.subjectWORLD DISASTER REPORT
dc.titleCost Benefit Studies on Disaster Risk Reduction in Developing Countriesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crosscuttingsolutionareaFragility, Conflict, and Violence
okr.date.disclosure2013-08-23
okr.date.doiregistration2025-04-29T09:29:26.042204Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/08/18136412/cost-benefit-studies-disaster-risk-reduction-developing-countries
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.guid244261468027269179
okr.identifier.externaldocumentum000356161_20130823130545
okr.identifier.internaldocumentum18136412
okr.identifier.report80584
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/08/23/000356161_20130823130545/Rendered/PDF/805840Brief0270Box0379807B00PUBLIC0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.geographicalCaribbean
okr.region.geographicalEast Asia
okr.region.geographicalOceania
okr.region.geographicalSouth America
okr.region.geographicalEastern Europe
okr.topicEnvironment::Adaptation to Climate Change
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicEnvironment::Natural Disasters
okr.topicConflict and Development::Disaster Management
okr.topicUrban Development::Hazard Risk Management
okr.unitGF Disaster Reduction & Recovery (GFDRR)
okr.volume1 of 1
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