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From 2007 to 2016, disasters triggered by natural hazards caused around 322,000 fatalities, affected 1.7 billion people, and resulted in direct physical damage totaling $487 billion in the developing member countries (DMCs) of the Asian Development Bank (ADB) alone. At the same time, many development actions provide opportunities to strengthen disaster resilience. Integration of disaster risk reduction into development is one of the key principles of ADB's Operational Plan for Integrated Disaster Risk Management. This guide supports the application of this principle by providing technical advice on the integration of disaster risk considerations in ADB country partnership strategy (CPS) preparation. The CPS provides opportunities to initiate a dialogue with DMCs on disaster risk management issues, and to factor disaster risk management considerations into ADB assistance.
Investing in Resilience: Ensuring a Disaster-Resistant Future focuses on the steps required to ensure that investment in disaster resilience happens and that it occurs as an integral, systematic part of development. At-risk communities in Asia and the Pacific can apply a wide range of policy, capacity, and investment instruments and mechanisms to ensure that disaster risk is properly assessed, disaster risk is reduced, and residual risk is well managed. Yet, real progress in strengthening resilience has been slow to date and natural hazards continue to cause significant loss of life, damage, and disruption in the region, undermining inclusive, sustainable development. Investing in Resilience offers an approach and ideas for reflection on how to achieve disaster resilience. It does not prescribe specific courses of action but rather establishes a vision of a resilient future. It stresses the interconnectedness and complementarity of possible actions to achieve disaster resilience across a wide range of development policies, plans, legislation, sectors, and themes. The vision shows how resilience can be accomplished through the coordinated action of governments and their development partners in the private sector, civil society, and the international community. The vision encourages “investors” to identify and prioritize bundles of actions that collectively can realize that vision of resilience, breaking away from the current tendency to pursue disparate and fragmented disaster risk management measures that frequently trip and fall at unforeseen hurdles. Investing in Resilience aims to move the disaster risk reduction debate beyond rhetoric and to help channel commitments into investment, incentives, funding, and practical action
Disasters damage and destroy infrastructure and disrupt economic activities and services, potentially delaying long-term development and hampering efforts to reduce poverty in the region. Countries require a strong enabling environment for disaster risk financing to ensure the timely availability of post-disaster funding. This report presents a comprehensive diagnostics tool kit that countries can apply to assess the financial management of disaster risk. The framework examines the state of the enabling environment and provides a basis to enhance financial resilience with insurance and other risk transfer instruments. It incorporates lessons from the country diagnostics assessments for Fiji, Nepal, Pakistan, and Sri Lanka that made use of the tool kit and methodology.
Climate change is increasingly of great concern to the world community. The earth has witnessed the buildup of greenhouse gases (GHG) in the atmosphere, changes in biodiversity, and more occurrences of natural disasters. Recently, scientists have begun to shift their emphasis away from curbing carbon dioxide emission to adapting to carbon dioxide emission. The increase in natural disasters around the world is unprecedented in earth's history and these disasters are often associated to climate changes. Many nations along the coastal lines are threatened by massive floods and tsunamis. Earthquakes are increasing in intensity and erosion and droughts are problems in many parts of the developing countries. This book is therefore to investigate ways to prepare and effectively manage these disasters and possibly reduce their impacts. The focus is on mitigation strategies and policies that will help to reduce the impacts of natural disasters. The book takes an in-depth look at climate change and its association to socio-economic development and cultures especially in vulnerable communities; and investigates how communities can develop resilience to disasters. A balanced and a multiple perspective approach to manage the risks associated with natural disasters is offered by engaging authors from the entire globe to proffer solutions.
No person or place is immune from disasters or disaster-related losses. Infectious disease outbreaks, acts of terrorism, social unrest, or financial disasters in addition to natural hazards can all lead to large-scale consequences for the nation and its communities. Communities and the nation thus face difficult fiscal, social, cultural, and environmental choices about the best ways to ensure basic security and quality of life against hazards, deliberate attacks, and disasters. Beyond the unquantifiable costs of injury and loss of life from disasters, statistics for 2011 alone indicate economic damages from natural disasters in the United States exceeded $55 billion, with 14 events costing more than a billion dollars in damages each. One way to reduce the impacts of disasters on the nation and its communities is to invest in enhancing resilience-the ability to prepare and plan for, absorb, recover from and more successfully adapt to adverse events. Disaster Resilience: A National Imperative addresses the broad issue of increasing the nation's resilience to disasters. This book defines "national resilience", describes the state of knowledge about resilience to hazards and disasters, and frames the main issues related to increasing resilience in the United States. It also provide goals, baseline conditions, or performance metrics for national resilience and outlines additional information, data, gaps, and/or obstacles that need to be addressed to increase the nation's resilience to disasters. Additionally, the book's authoring committee makes recommendations about the necessary approaches to elevate national resilience to disasters in the United States. Enhanced resilience allows better anticipation of disasters and better planning to reduce disaster losses-rather than waiting for an event to occur and paying for it afterward. Disaster Resilience confronts the topic of how to increase the nation's resilience to disasters through a vision of the characteristics of a resilient nation in the year 2030. Increasing disaster resilience is an imperative that requires the collective will of the nation and its communities. Although disasters will continue to occur, actions that move the nation from reactive approaches to disasters to a proactive stance where communities actively engage in enhancing resilience will reduce many of the broad societal and economic burdens that disasters can cause.
The Government of Canada and the Asian Development Bank (ADB) established the Integrated Disaster Risk Management (IDRM) Fund in February 2013. The Fund was created to advance proactive integrated disaster risk management measures on a regional basis within ADB’s developing member countries in Southeast Asia, specifically, Cambodia, Indonesia, Lao People’s Democratic Republic, Myanmar, the Philippines, Thailand, and Viet Nam. During its operation, the IDRM Fund funded 19 technical assistance projects with both a gender-focused approach to IDRM and that reflect regional solutions that produce cross-border disaster management. This publication discusses the lessons learned from and achievements of the IDRM Fund.
The Government of Pakistan strongly supports public–private partnership (PPP) initiatives. From 1990 to 2019, Pakistan witnessed 108 financially closed PPP projects, with a total investment of approximately $28.4 billion. About 88% of these projects are in the energy sector, attracting more than $24.7billion, followed by investments in the port sector. In early 2021, Parliament approved the amendments to the 2017 PPP Law, enacting the Public Private Partnership Authority (Amendment) Act 2021. This further strengthens the enabling legal and regulatory framework for developing and implementing PPPs, thereby promoting private sector investment in public infrastructure and related services.
"India is uniquely placed to help reduce global poverty and boost shared prosp rity. While the country has achieved encouraging results in recent years in tackling these dual challenges, it remains home to one-third of the world's poor, as well as the largest number of people who have recently escaped poverty but are still vulnerable to falling bacl,<. India is now in the midst of an important transition, casting off its long-held status as a developing nation to emerge as a new leader in the international economic arena. Strong support for the country at this crucial juncture can help bend the arc of history by accelerating the decline in poverty both in India and the world. India's ongoing transformation calls for a new phase in its long-standing partnership with World Bank Group (WBG). The new Country Partnership Strategy (FY2013-17) between India and the WBG responds by setting out a program of support- from the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA}­ that seeks to develop transformational and innovative solutions to tackle the country's most pressing development challenges, especially in the poorest, least developed, and most isolated of its states. A more pronounced focus on India's low-income states (Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh) and on urbanization are haUmarks of this new phase of partnership, and represents a key strategic shift in the WBG's support to India's development. The strategy seeks to help India Jay the foundation for achieving a long-term vision for 2030- a vision of the nation as a global economic powerhouse where more and more people share the benefits of growth and where no more than 5.5 percent of the population lives in poverty and 41.3 percent of the population is no longer vulnerable to falling back. Key Elements of the World Bank Group Strategy To help achieve the vision for India in 2030 and contribute to its ongoing transformation, the WBG strategy focuses on three broad areas of engagement: integration, rural-urban transformation and inclusion. Improving domestic- as well as regional and global- integration is key to high, sustained growth, and accelerated poverty reduction. As India continues to transform from a largely rural, agrarian economy into an increasingly urbanized one, more emphasis will be needed on creating strong linkages between the urban and rural parts of the country. WBG will support efforts to help India and its people reap the benefits of urbanization while also improving agricultural productivity. A third area of support is to work in partnership to help foster the inclusion of all social and economic groups - regardless of age, gender, caste, or place of residence - thus ensuring that the benefits of faster economic growth touch the lives of all of India's people. All three areas of engagement will share a focus on improving governance, promoting environmental sustainability, and bolstering gender equality. World Bank Group Support Given the deep and complex challenges confronting a rapidly changing country, the strategy makes the case for continued high levels of support for India. Aware that WBG finances will always be modest compared to the task at hand, the strategy aims to leverage resources in creative ways that take into account the different strengths of India's states and regions, the entrepreneurial spirit of its people, the deep experience of civil society, and the convergence of better governance and social responsibility. To make a meaningful contribution to the assault on poverty, the volume of support from the WBG should be in the order of about $5 billion per year over the next five years. For the WBG's endeavors to be effective, actions will be required at the national level, at lower levels of government, as well as through partnerships with the private sector, civil society and development partners. The strategy is closely aligned with India's own vision for development outlined in the 12th Five-Year Plan (FY2013- 17), which calls for ""faster, sustainable, and more inclusive growth"". Lessons have been incorporated from the Group's long-term engagement in the country, and take into account learning from the previous strategy (FYi009-12) as well as inputs from experts across a broad spectrum of economic, social, and government sectors. "
'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.
Disaster events impact Asia and the Pacific more than any other region in the world. In light of current and future climate and disaster risks, there is an urgent need to address the region’s underinvestment in disaster risk and reduction. This publication aims to guide policy makers and other stakeholders on how to scale up disaster risk reduction financing in developing member countries of the Asian Development Bank. It provides an overview of financing opportunities—including instruments and mechanisms—as well as country case studies and practical tips for governments to implement enhanced disaster risk reduction.