Realising the 'triple dividend of resilience' : a new business case for disaster risk management / Swenja Surminski, Thomas Tanner, editors.

Format:

Book

Contributor:

Surminski, Swenja, editor.

Tanner, Thomas, 1975- editor.

Series:

Climate risk management, policy and governance,.

Climate risk management, policy and governance, 2510-1390

Language:

English

Subjects (All):

Emergency management--Finance.

Emergency management.

Risk management--Finance.

Risk management.

Finance.

Physical Description:

xiv, 176 pages : illustrations (chiefly color) ; 24 cm.

Other Title:

Realizing the 'triple dividend of resilience'

Place of Publication:

Cham, Switzerland : Springer, [2016]

Summary:

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.

Contents:

1. The Triple Dividend of Resilience-A New Narrative for Disaster Risk Management and Development. 1.1. The Case for Investing in Resilience ; 1.1.1 Disasters, Poverty and Development ; 1.1.2 Incentivising ex-ante Disaster Risk Management ; 1.2 The Triple Dividend: A Comprehensive Business Case for Resilience ; 1.3 The First Dividend of Resilience: Saving Lives and Avoiding Losses ; 1.3.1 Saving Lives and Reducing Number of people Affected ; 1.3.2 Reducing Damages and Losses 1.4 The Second Dividend of Resilience: Unlocking Economic Potential ; 1.4.1 Increased Business and Capital Investment ; 1.4.2 Household and Agricultural Productivity Dividends ; 1.4.3 Land Value Dividends from Protective Infrastructure ; 1.4.4 Fiscal Stability and Future Credit Risks ; 1.5 The Third Dividend of Resilience: Co-benefits of DRM Investments ; 1.5.1 Ecosystem-Based Co-benefits ; 1.5.2 Transport Co-benefits ; 1.5.3 Agricultural Co-benefits ; 1.6 Concluding Recommendations for Decision-Makers: Integrating the Triple Dividend of Resilience in DRM Appraisals ; 1.6.1 Define the Problem and Its Context ; 1.6.2 Identify and Apply Tools and Methods for Empirical Analysis of DRM ; 1.6.3 Communicate Outcomes

2 Avoided Losses and the Development Dividend of Resilience. 2.1 Introduction ; 2.2 Higher Disaster Losses at the Macro Level ; 2.2.1 Indirect Losses from the Disruption of Economic Infrastructure and Activity ; 2.2.2 Impact on Long-Term Growth and Development ; 2.3 Welfare Losses at the Microeconomic Level ; 2.3.1 ; Asset Losses Differ Depending on Who Is Hit ; 2.3.2 Welfare Losses Are Different from Asset Losses ; 2.4 Slower Development in the Absence of DRM Investments ; 2.4.1 Development and the Exposure to Natural Hazards ; 2.4.2 Lower Risk-Taking Owing to "Background Risk" ; 2.5 Conclusion and Implications for Policy

3 Co-benefits of Disaster Risk Management: The Third Dividend of Resilience. 3.1 Introduction ; 3.2 Examples of Local Environmental and Socioeconomic Co-benefits ; 3.3 Challenges of Identifying Environmental and Socioeconomic Co-benefits ; 3.3.1 Shortcomings of Using Standard Cost-Benefit Analysis ; 3.3.2 Idiosyncrasies of Public Sector Decision-Making ; 3.4 Opportunities to Promote Environmental and Socioeconomic Co-benefits ; 3.4.1 Towards a DRM Co-benefits Framework ; 3.4.2 Qualitative Cost-Benefit Analysis ; 3.4.3 Integrating DRM and Environmental Management ; 3.5 The Need for DRM Co-benefits Case Studies ; 3.5.1 Two New Case Studies ; 3.5.2 Building on Existing Case Studies ; 3.6 Conclusions and Next Steps

4 Disaster Risk Management and Fiscal Policy: Entry Points for Finance Ministries. 4.1 Introduction: From Understanding Risk to Building Fiscal Resilience ; 4.1.1 Overview ; 4.1.2 Approach ; 4.1.3 Charting Out Progress.

Notes:

Includes bibliographical references and index.

ISBN:

9783319406930

3319406930

OCLC:

950953997