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This report examines the state of resilience of the region vis-à-vis the Sustainable Development Goals and targets relating to disaster risk reduction. It highlights tools and approaches for resilience-building focusing on those that could possibly offer transformative shifts to achieve those goals and targets. It points to a way forward for the region, including specific action that could be prioritized to support efforts by countries to achieve resilience to disasters and the whole 2030 Agenda.
This report examines the state of resilience of the region vis-à-vis the Sustainable Development Goals and targets relating to disaster risk reduction. It highlights some of the tools and approaches for resilience-building focusing on those that could possibly offer transformative shifts to achieve those goals and targets. Finally, it offers a reflection on the way forward for the region, including specific regional action that could be prioritized to support efforts by countries to achieve resilience to disasters and the whole 2030 Agenda.
This publication presents a new and extended analysis of the regional risk-scape based on multidisciplinary research conducted. It defines risk hotspots where disasters and biological hazards, climate and health emergencies - including Covid-19 - collide. It further presents the emergence of new systemic risks and cascading hazards, alongside their impacts on peoples and economies. Identifying regional and sub-regional gaps in building resilience into the disaster-health-climate nexus, the report provides tailored, sub-regional insights into opportunities for policy actions and operational solutions to build back better with resilience. The ability to identify and address the unmet needs of those furthest behind within the new risk-scape is also considered here, as is the fiscal cost of a resilience agenda for the region.
"Sales no.: E.17.II.F.13"--Cover page 2.
The main message of this publication is that exposure and vulnerability continue to be twin challenges for the region. Faced with growing economic losses and increasingly vulnerable populations, and inspired by good practices in reducing social vulnerability, the publication analyzes the drivers of risks and the strategies that are in place to deal with these growing risks.
The annual Asian Development Outlook, now in its 30th year, analyzes economic performance in the past year and forecasts performance in the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in developing Asia remain strong despite persistent external headwinds responsible for moderating expansion since 2017. Global trade and economic activity weakened toward the end of 2018, slowing growth in many economies in the region. The outlook is cloudy with risks that tilt to the downside. A drawn-out trade conflict could undermine trade and investment in the region, and US fiscal policy and the consequences of a disorderly Brexit could weigh on growth in the advanced economies and the People's Republic of China. Though the risk of sharp increases in US interest rates has subsided, policy makers must stay vigilant. Disasters are shaped by natural hazards and the dynamics of the economy, society, and environment in which they occur. They pose a growing threat to development and prosperity in the region, their consequences disproportionately severe in developing countries, especially for the poor and marginalized. As developing Asia is home to more than four-fifths of the people affected by disasters globally in the past 2 decades, the region must strengthen its disaster resilience. This means integrating disaster risk reduction into national development and investment plans, spending more on prevention for a better balance with spending on rescue and recovery, and pooling risk through insurance and reinsurance.
"Sales no.: E.17.II.F.13"--Cover page 2.