Disaster risk finance as a tool for development: a summary of findings from the Disaster Risk Finance Impact Analytics Project

Disaster risk finance as a tool for development: a summary of findings from the Disaster Risk Finance Impact Analytics Project

Disaster risk finance aims to increase the resilience of vulnerable countries to the financial impact of disasters as part of a comprehensive approach to disaster risk management. By increasing resilience, disaster risk finance offers the promise of protecting and promoting development.

Since 2013, the World Bank Group has partnered with the Global Facility for Disaster Reduction and Recovery and the U.K. Department for International Development to address gaps in evidence and methodologies in disaster risk finance.

Through a wide body of research, this report presents a compelling case for disaster risk finance as a tool for development. Key messages include: 

  • Increasing commitment through disaster risk finance
  • Timely reconstruction
  • Timely support to livelihoods
  • Saving money through disaster risk finance

 

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