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Developing countries in general and those in Asia, in particular, have become producers of goods and services for rest of the world as a result of which investments in the region have grown significantly. But before the advent of global investments, the domestic risks that countries are prone to, including disasters, were largely confined to within…
Regardless of the origin, financial and socio-economic crises feature combinations of adverse conditions: lack of access to financing/credit, slump in investments, household demand and consumption, a falling GDP, high deficits and debt ratios, loss of income, unemployment, shrinkage of state provisions, poverty, enforced migration, homelessness, and an…
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The high risk emanating from the increasing number of cyber attacks on critical infrastructure systems at national or local level is only now beginning to be understood. The cascading effect of that risk beyond the system under attack into allied and interconnected fields can be even more devastating, creating chaos to major economic, food and health sy…
This paper evaluates the impact of the 2015 El Niño-induced drought on household consumption in Ethiopia. A Difference-in-Difference method was used to compare consumption changes over time in a group unaffected by the drought to the changes in a group affected by the drought. Using household-level consumption aggregate data from the Ethiopian Socioecon…
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Effective weather-related disaster warnings highlight periods of increased risk, whether due to enhanced hazard likelihood (e.g. the approach of a storm), high levels of exposure (e.g. crowds gathering in a hazardous location for a festival) or high vulnerability (e.g. a health hazard during a flu outbreak). They depend on accurate monitoring and predi…
Investment in disaster risk reduction (DRR) is indispensable for enhancing resilience and for achieving sustainable development. Therefore, understanding the current scale and effects of DRR investment is crucial for promoting it. This paper analyzes the current scale and trends of investment in flood protection and investment efficiency in Asia. The fi…
Bogotá, capital of Colombia, with 8.2 million inhabitants by 2018, has a system to report different types of emergencies (Information System for Risk Management and Climate Change — SIRE), collecting information since 2002. This work presents the results of a project in which more than 200 thousand emergency records were transformed into a…
This report sets out recommendations on how the main sustainable finance initiatives underway can support a major reduction in disaster risk.  The scale of financial flows and investments is massive. In Europe assets under management reached €25.2 trillion in 2017, 147% of GDP1 . And sustainable investment is growing fast – Blackrock, the world’s…

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