Realising the ''Triple Dividend of Resilience'' : A New Business Case for Disaster Risk Management
Softcover reprint of the original 1st ed. 2016
Book Details
Format
Paperback / Softback
Book Series
Climate Risk Management, Policy and Governance
ISBN-10
3319821571
ISBN-13
9783319821573
Edition
Softcover reprint of the original 1st ed. 2016
Publisher
Springer International Publishing AG
Imprint
Springer International Publishing AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 4th, 2018
Print length
176 Pages
Ksh 16,200.00
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Why aren’t we investing more in disaster resilience, despite the rising costs of disaster events?
Why aren''t we investing more in disaster resilience, despite the rising costs of disaster events? This book argues that decision-makers in governments, businesses, households, and development agencies tend to focus on avoiding losses from disasters, and perceive the return on investment as uncertain - only realised if a somewhat unlikely disaster event actually happens.
This book develops a new business case for investment based on the multiple dividends of resilience. This looks beyond only avoided losses (the first dividend) to the wider benefits gained independently of whether or not the disaster event occurs. These include unleashing entrepreneurial activities and productive investments by lowering the looming threat of losses from disasters and enabling businesses, farmers and homeowners to take positive risks (the second dividend); and co-benefits of resilience measures beyond just disaster risk (the third dividend), such as flood embankments in Bangladesh that double as roads, or wetlands in Colombo that reduce urban heat extremes.
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