Why invest in resilience?

 

• Disasters are a growing threat to economic prosperity and sustainable development, with costs underestimated and unsustainable. • Disaster costs are pushing countries into spirals of increased debt, lower incomes, increased insurability, and repeated humanitarian crises. • Declining international assistance makes it even more critical to reduce disaster losses through disaster risk reduction investments. • Cutting funding for disaster risk reduction leads to more expensive disasters in the future, along with more humanitarian needs. • To reduce disaster costs, countries must increase funding for disaster risk reduction and ensure all development investments are risk-informed