Understanding Risk in an Evolving World : Emerging Best Practices in Natural Disaster Risk Assessment
The 10-year-long Hyogo Framework for Action (HFA) set out to substantially reduce impacts from natural disasters by 2015. Despite efforts toward this goal, economic losses from natural disasters are rising from US$50 billion each year in the 1980s,...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20345924/understanding-risk-evolving-world-emerging-best-practices-natural-disaster-risk-assessment http://hdl.handle.net/10986/20682 |
| Summary: | The 10-year-long Hyogo Framework for
Action (HFA) set out to substantially reduce impacts from
natural disasters by 2015. Despite efforts toward this goal,
economic losses from natural disasters are rising from US$50
billion each year in the 1980s, to just under $200 billion
each year in the last decade (World Bank and GFDRR 2013).
The economic losses sustained by lower- and middle-income
countries alone over the last 30 years represent a full
third of all total development assistance in the same time
period, offsetting tremendous efforts by governments,
multilateral organizations, and other actors. As the HFA
period ends against a backdrop of challenging disaster risk
trends, and consultations toward a post-2015 framework move
forward, it is important to reflect on the role of disaster
risk assessments in achieving disaster and climate
resilience, and on the contributions risk assessments have
made over the last 10 years. Understanding Risk in an
Evolving World: Emerging Best Practices in Natural Disaster
Risk Assessment, which was developed to inform post-HFA
discussions and the 2015 Global Assessment Report on
Disaster Risk Reduction (GAR),1 reports on the current state
of the practice of risk assessment and on advances made over
the last decade. |
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