Publication: Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
Overseas Development Institute
World Bank Group
The risk of a disaster can cause economic losses even before a disaster strikes. Investing in disaster resilience, therefore, can yield a ‘triple dividend’ by (1) avoiding losses when disasters strike; (2) unlocking development potential by stimulating innovation and bolstering economic activity in a context of reduced disaster-related background risk for investment; and (3) through the synergies of the social, environment and economic co-benefits of disaster risk management investments even if a disaster does not happen for many years.
“Overseas Development Institute; World Bank Group. 2015. Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off. © Overseas Development Institute, London, and World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/21612 License: CC BY 3.0 IGO.”