Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off

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collection.link.214
https://openknowledge.worldbank.org/handle/10986/11872
collection.name.214
Policy Notes
dc.contributor.author
Overseas Development Institute
dc.contributor.author
World Bank Group
dc.date.accessioned
2015-03-18T14:05:02Z
dc.date.available
2015-03-18T14:05:02Z
dc.date.issued
2015-03-18
dc.description.abstract
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.
en
dc.identifier.uri
http://hdl.handle.net/10986/21612
dc.language.iso
en_US
dc.publisher
Overseas Development Institute, London, and World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
Avoided losses
dc.subject
Co-benefits
dc.subject
risk management
dc.subject
resilience
dc.subject
Background risk
dc.subject
Disaster risk management
dc.title
Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
en
okr.date.disclosure
2015-03-18
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Policy Note
okr.globalpractice
Social, Urban, Rural and Resilience
okr.googlescholar.linkpresent
yes
okr.language.supported
en
okr.topic
Conflict and Development :: Disaster Management
okr.topic
Environment :: Environmental Disasters & Degradation
okr.topic
Environment :: Natural Disasters
okr.topic
Agriculture :: Commodity Risk Management
okr.topic
Finance and Financial Sector Development :: Insurance & Risk Mitigation
okr.topic
Social Development :: Social Risk Management
okr.topic
Urban Development :: Hazard Risk Management
okr.unit
Global Facility for Disaster Reduction and Recovery (GFDRR)

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