Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies

Conventional risk assessments underestimate the human and macroeconomic costs of disasters, leading to inefficient risk management strategies. This happens because conventional assessments focus on asset losses, neglecting important relationships between vulnerability and development. When affected...

Full description

Bibliographic Details
Main Authors:	Hallegatte, Stephane, Walsh, Brian
Format:	Book Chapter
Published:	Taylor and Francis 2021
Subjects:	NATURAL DISASTER POVERTY INEQUALITY DISASTER IMPACT WELL-BEING LOSS WELFARE IMPACT DISASTER RISK MANAGEMENT CLIMATE CHANGE ADAPTATION POVERTY REDUCTION POLICY
Online Access:	http://hdl.handle.net/10986/36656

id	okr-10986-36656
recordtype	oai_dc
spelling	okr-10986-366562021-12-07T21:07:31Z Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies Hallegatte, Stephane Walsh, Brian NATURAL DISASTER POVERTY INEQUALITY DISASTER IMPACT WELL-BEING LOSS WELFARE IMPACT DISASTER RISK MANAGEMENT CLIMATE CHANGE ADAPTATION POVERTY REDUCTION POLICY Conventional risk assessments underestimate the human and macroeconomic costs of disasters, leading to inefficient risk management strategies. This happens because conventional assessments focus on asset losses, neglecting important relationships between vulnerability and development. When affected by a hazard, poor households take longer to recover from disasters and are more likely to face long-term consequences. Forced to manage trade-offs between essential consumption and reconstruction, these households are more likely to face persistent health or education costs. This chapter proposes a review of existing research into the natural disaster-poverty-inequality nexus and the various metrics that can be used to measure disaster impacts, such as recovery times, economic (income or consumption) losses, poverty incidence, inequality, and welfare or well-being losses. Each of these metrics provides a different perspective on disaster costs and suggest different spatial and sectoral priorities for action. Focusing on the concepts of well-being losses and socioeconomic resilience, this chapter shows how more comprehensive accounting of disaster impacts can better inform disaster risk management and climate change adaptation strategies and support their integration into development and poverty-reduction policies. 2021-12-06T19:58:30Z 2021-12-06T19:58:30Z 2021-10-28 Book Chapter The Routledge Handbook of the Political Economy of the Environment 9780367814533 http://hdl.handle.net/10986/36656 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	NATURAL DISASTER POVERTY INEQUALITY DISASTER IMPACT WELL-BEING LOSS WELFARE IMPACT DISASTER RISK MANAGEMENT CLIMATE CHANGE ADAPTATION POVERTY REDUCTION POLICY
spellingShingle	NATURAL DISASTER POVERTY INEQUALITY DISASTER IMPACT WELL-BEING LOSS WELFARE IMPACT DISASTER RISK MANAGEMENT CLIMATE CHANGE ADAPTATION POVERTY REDUCTION POLICY Hallegatte, Stephane Walsh, Brian Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
description	Conventional risk assessments underestimate the human and macroeconomic costs of disasters, leading to inefficient risk management strategies. This happens because conventional assessments focus on asset losses, neglecting important relationships between vulnerability and development. When affected by a hazard, poor households take longer to recover from disasters and are more likely to face long-term consequences. Forced to manage trade-offs between essential consumption and reconstruction, these households are more likely to face persistent health or education costs. This chapter proposes a review of existing research into the natural disaster-poverty-inequality nexus and the various metrics that can be used to measure disaster impacts, such as recovery times, economic (income or consumption) losses, poverty incidence, inequality, and welfare or well-being losses. Each of these metrics provides a different perspective on disaster costs and suggest different spatial and sectoral priorities for action. Focusing on the concepts of well-being losses and socioeconomic resilience, this chapter shows how more comprehensive accounting of disaster impacts can better inform disaster risk management and climate change adaptation strategies and support their integration into development and poverty-reduction policies.
format	Book Chapter
author	Hallegatte, Stephane Walsh, Brian
author_facet	Hallegatte, Stephane Walsh, Brian
author_sort	Hallegatte, Stephane
title	Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
title_short	Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
title_full	Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
title_fullStr	Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
title_full_unstemmed	Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies
title_sort	natural disasters, poverty and inequality : new metrics for fairer policies
publisher	Taylor and Francis
publishDate	2021
url	http://hdl.handle.net/10986/36656
_version_	1764485698496233472

Natural Disasters, Poverty and Inequality : New Metrics for Fairer Policies

Similar Items