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

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 activi...

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Main Authors: Overseas Development Institute, World Bank Group
Format: Economic & Sector Work
Language:en_US
Published: Overseas Development Institute, London, and World Bank, Washington, DC 2015
Subjects:
Online Access:http://hdl.handle.net/10986/21612
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spelling okr-10986-216122021-04-23T14:04:03Z Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off Overseas Development Institute World Bank Group Avoided losses Co-benefits risk management resilience Background risk Disaster risk management 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. 2015-03-18T14:05:02Z 2015-03-18T14:05:02Z 2015-03-18 http://hdl.handle.net/10986/21612 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo Overseas Development Institute, London, and World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic Avoided losses
Co-benefits
risk management
resilience
Background risk
Disaster risk management
spellingShingle Avoided losses
Co-benefits
risk management
resilience
Background risk
Disaster risk management
Overseas Development Institute
World Bank Group
Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
description 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.
format Economic & Sector Work
author Overseas Development Institute
World Bank Group
author_facet Overseas Development Institute
World Bank Group
author_sort Overseas Development Institute
title Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
title_short Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
title_full Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
title_fullStr Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
title_full_unstemmed Unlocking the 'Triple Dividend' of Resilience : Why Investing in Disaster Risk Management Pays Off
title_sort unlocking the 'triple dividend' of resilience : why investing in disaster risk management pays off
publisher Overseas Development Institute, London, and World Bank, Washington, DC
publishDate 2015
url http://hdl.handle.net/10986/21612
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