It Is Time to Factor Natural Disasters into Macroeconomic Scenarios

Over the recent year, humanity has faced natural disasters of unprecedented magnitude and impact. However, governments and international aid organizations do not systematically plan for preventing and mitigating the effects of natural disasters, and macroeconomic scenarios seldom take into account the results of their increasing incidence, damages, and costs. Using evaluative lessons from the World Bank's and others' experience, this note highlights the urgent need to invest in climate change mitigation, disaster preparedness, early response, and post-disaster reconstruction.

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Bibliographic Details
Main Author: Thomas, Vinod
Format: Brief biblioteca
Language:English
Published: World Bank, Washington, DC 2011-03
Subjects:AVALANCHES, CASUALTIES, CLIMATE, CLIMATE CHANGE, CLIMATE CHANGE MITIGATION, COAST, COASTAL WETLANDS, COASTAL ZONE, CROPS, DAMAGES, DAMS, DISASTER, DISASTER MITIGATION, DISASTER PREPAREDNESS, DISASTER PREVENTION, DISASTER PROFESSIONALS, DISASTER RECOVERY, DISASTER RELIEF, DISASTER RESPONSE, DROUGHTS, EARLY WARNING, EARLY WARNING SYSTEM, EARLY WARNING SYSTEMS, EARTHQUAKE, EARTHQUAKES, EMERGENCIES, EMERGENCY COMMITTEE, EMERGENCY RESPONSE, ENVIRONMENTAL PROTECTION, EROSION, FARMERS, FLOOD, FLOOD RISK, FLOODING, FLOODS, FORESTS, HEAT, HEAT WAVE, HEAT WAVES, HEATWAVE, HEAVY RAINFALL, HOUSING, HYDRO-METEOROLOGICAL DISASTERS, INTERNATIONAL RELIEF, INTERNATIONAL RELIEF AGENCIES, LAND OWNERSHIP, LANDSLIDES, LONG-TERM MITIGATION, NATURAL CATASTROPHES, NATURAL DISASTERS, NATURAL_DISASTERS, NEGOTIATIONS, PRECIPITATION, RECONSTRUCTION, RECOVERY OPERATIONS, RELIEF, RELIEF DISTRIBUTIONS, RELIEF EFFORTS, RESTORATION, SAFETY, SURVIVORS, TEMPORARY SHELTER, VICTIMS, WATERSHED, WEAPONS, WETLANDS, WETLANDS PROTECTION,
Online Access:http://documents.worldbank.org/curated/en/2011/03/13956346/time-factor-natural-disasters-macroeconomic-scenarios
http://hdl.handle.net/10986/10103
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Summary:Over the recent year, humanity has faced natural disasters of unprecedented magnitude and impact. However, governments and international aid organizations do not systematically plan for preventing and mitigating the effects of natural disasters, and macroeconomic scenarios seldom take into account the results of their increasing incidence, damages, and costs. Using evaluative lessons from the World Bank's and others' experience, this note highlights the urgent need to invest in climate change mitigation, disaster preparedness, early response, and post-disaster reconstruction.