But can we go further, making disasters even ‘duller’ by also releasing finance before a disaster strikes?
UN Under Secretary General for Humanitarian Affairs, Mark Lowcock, recently set out a compelling vision for how the humanitarian system can be improved. He argued that “disasters are predictable… we need to move from today’s approach where we watch disaster and tragedy build, gradually decide to respond, and then mobilise money and organisations to help, to an anticipatory approach, where we plan in advance for the next crises, putting the response plans and money for them before they arrive, and releasing the money and mobilising the response agencies as soon as they are needed…”
While historically confined to medical and academic research, challenge funds – competitive financing for innovative solutions to entrenched problems – have gained traction in the international development field over the last decade.
Pioneered by the UK Department of International Development (DFID), challenge funds have championed transformational disruptive technologies, such as M-Pesa, Kenya’s mobile money transfer service. The electronic payment system, which allows users to withdraw, deposit and transfer cash through their mobile phones, started as a pilot project funded by DFID’s Financial Deepening Challenge Fund. Today, more than two thirds of Kenyans use the channel, and the innovation has changed the scope of financial inclusion programs globally.
In his “The People of the Abyss,” novelist Jack London describes in grim detail a devastating storm that rocked London in the early 20th century. Residents suffered terribly—some losing as much as £10,000, a ruinous sum in 1902—but none lost more than the city’s poorest.
Natural disasters are devastating to all affected; however, not everyone experiences them the same way. A dollar in losses does not mean to a rich person what it does a poor person, who may live at subsistence level or lack the means to rebound and rebuild after disaster strikes. Be it a drought or flood, the poor are always hit harder than their wealthier counterparts.
This disparity was closely examined in the Global Facility for Disaster Reduction and Recovery (GFDRR) report, Unbreakable: Building the Resilience of the Poor in the Face of Natural Disasters. Unbreakable recommended a range of policies to help countries reduce poverty and build resilience, providing cutting-edge analysis on how disaster risk management (DRM) and well-designed development can alleviate poverty and risk in 117 countries.
How many school children can be endangered by the schools themselves? The answer was over 600,000 in metropolitan Lima alone.
In the region, fraught with frequent seismic activity, nearly two-thirds of schools were highly vulnerable to damage by earthquakes. Working with the Peruvian Ministry of Education (MINEDU), the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) conducted a risk assessment that ultimately helped make an estimated 2.5 million children safer and paved the way for a $3.1 billion national risk-reduction strategy.
Whether it is building safer schools or deploying early warning systems, disaster risk management is an integral part of caring for our most vulnerable, combating poverty, and protecting development gains.
Over the last 30 years, the world has lost an estimated $3.8 trillion to natural disasters. , and to undo decades of development progress overnight.
Since natural disasters can strike anywhere and anytime, making far-sighted preparations is much more effective than scrambling to respond to a crisis. I recognized this after Hurricane Mitch ravaged Honduras and my grandmother had to be evacuated because the local river swelled to the second floor of her home.
As climate change intensifies extreme weather events across much of the planet, countries are seeking the World Bank Group’s support to improve both their physical and financial resilience to disasters.
We are increasingly working with governments to devise sound financial planning and risk management before a disaster strikes, not just to assemble financing to help countries recover in its wake.
Market-based instruments – such as insurance -- can act as shock absorbers in case of natural disaster, helping countries avoid the worst of a crisis’ financial impact.
Too many times after a natural hazard strikes, public outcries follow once the level of devastation becomes clear. People wonder – and often rightly so – if the disaster could have been prevented. After the 2015 Nepal earthquake for example, years of investment in school buildings was wiped away in seconds because schools were not built to withstand earthquakes – often because people were not aware of the earthquake risk. Fortunately, it was a Saturday so the schools that collapsed did not also result in unimaginable human tragedy.
The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) are actively working with small island states to mitigate the impact of natural disasters and climate risk, including through their joint Small Island States Resilience Initiative. World Bank Senior Director Ede Ijjasz-Vasquez and GFDRR's Sofia Bettencourt tell us more.
Lessons learned over time from post-conflict recovery and reconstruction efforts reflect the need to reinforce stabilization immediately following the end of a conflict.
Being ready in advance with a recovery and reconstruction plan is one way to ensure that critical interventions can be implemented quickly following the cessation of hostilities.This can be achieved to a large extent by coordinating with humanitarian efforts in the recovery continuum during active conflict.
Such a plan helps to identify actionable opportunities that can help to support local-level recovery. This includes immediate improvements in services and enhancing livelihood opportunities essential to establishing popular confidence in state institutions and to fostering social cohesion.
- disaster recovery
- Climate Change
- Sustainable Communities
- natural disasters
- Post-conflict Reconstruction
- Conflict and Fragility
- Disaster Risk Reduction
- Disaster Risk Mitigation
- disaster risk management
- Middle East and North Africa
- Yemen, Republic of
- Syrian Arab Republic
On a visit this week to the Japanese coastal area of Yuriage, Teerayut Horanont peered through glasses at the quiet landscape that gives way to the Pacific Ocean. He didn’t just see the landscape – he saw the town that once thrived there.
An augmented reality tool installed in the glasses provided a visual overlay of what the area looked like before the 2011 Great East Japan Earthquake and Tsunami that devastated Yuriage and many other coastal communities in Japan.