Conventional risk assessments underestimate the human and macroeconomic costs of disasters, leading to inefficient risk management strategies. This happens because conventional assessments focus on asset losses, neglecting important relationships between vulnerability and development. When...

Governments now have access to a large and growing range of financing instruments for rapidlymobilizing funds in the aftermath of a disaster. Instruments like reserve funds, contingent linesof credit, and insurance programs are critical for financing relief, recovery and reconstruction efforts,...

Effective action on resilience and climate change adaptation can be a complex task—requiring coordinated efforts from the highest levels of government to individual households and firms. The Adaptation Principles offer a guide to effective climate change adaptation, containing hands-on...

Reliable transport infrastructure is one of the backbones of a prosperous economy, providingaccess to markets, jobs and social services. Sustainable Development Goal 9 (SDG9) calls forincreased access to sustainable transport infrastructure in low- and middle-income countries.Collectively, these...

This paper investigates the effect of carbon or gasoline taxes on commuting-related CO2 emissions in an urban context. To assess the impact of public transport on the efficiency of the tax, the paper investigates two exogenous scenarios using a dynamic urban model (NEDUM-2D) calibrated for the...

The 2017 Unbreakable report made the case that disaster losses disproportionately affect poor people. The Caribbean hurricane season of 2017 was a tragic illustration of this. Two category 5 hurricanes wreaked destruction on numerous small islands, causing severe damages on islands like Barbuda,...

“Economic losses from natural disasters totaled $92 billion in 2015.” Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing...

Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together...

The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. And this must be done by 2100 if we are to keep climate change anywhere near the 2 C. degree warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development looks...

The choices developing countries make today in building and expanding transport networks will irreversibly shape development for the next century. That is why urgent steps are needed to ensure that transport development avoids locking in carbon intensive or high-risk patterns. While investments...