Publication: Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
Date
2015-03-18
ISSN
Published
2015-03-18
Author(s)
Overseas Development Institute
World Bank Group
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.
Citation
“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?show=full License: CC BY 3.0 IGO.”