Evaluation Study on ADB's Response to Natural Disasters and Disaster Risks

Report / Paper

Evaluation Study on ADB's Response to Natural Disasters and Disaster Risks

PUBLISHED DATE

March 2013

RESOURCE

This study assesses ADB’s response to disasters from two broad categories of disaster-related operations—disaster prevention and disaster recovery. The study reports that if only the projects focused predominantly on disaster prevention are taken into account, the share of disaster-related investment is one-third, compared with two-thirds spent on disaster recovery after disasters had struck. Given that $1 spent on disaster prevention can obviate the need for considerable spending later—at least $4 on disaster recovery calculated by the United Nations—ADB should consider laying greater emphasis on disaster prevention, particularly in the many high-risk countries.  The report indicates a need for ADB to integrate climate change and natural disaster programs and to improve its capacities in both