Publication
15.03.2013
Evaluation Study on ADB’s Response to Natural Disasters and Disaster Risks
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
THEMES:
TAGS:
- disaster risks