From Risk to Resilience: Understanding the Costs and Benefits of Disaster Risk Reduction under Changing Climatic Conditions

Posted On: 2008-09-01

The case studies on which this report is based demonstrate both the high economic returns that can be achieved by investing in risk reduction and the importance of methodologies for analyzing the viability of different approaches under often highly uncertain future conditions. Cost-benefit analysis is one such methodology. In many cases, however, more simplified approaches that identify, but do not fully quantify, major costs and benefits and also highlight key externalities, uncertainties and assumptions may generate as much information as a full CBA.

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