Although natural hazard insurance is advocated as an important means of risk management, private insurance demand often remains below critical levels. Prior loss experience and the design of governmental relief schemes are two factors potentially influencing insurance decisions. We address these...

Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of...

Ocean conservation and sustainable use cannot be pursued or achieved without consideration of the planetary impacts of climate change, and particularly the role of the oceans in both mitigation and adaptation. For this reason, the international community has increasingly committed to providing...

Building resilience to disasters continues to pose challenges for developing countries. Historically, small island developing states (SIDS) bordering the Pacific Ocean have suffered from multiple hazards, such as earthquakes, coastal erosion, floods, and cyclones. Population increase, uneven...

The high and increasing cost of natural disasters around the world motivates a growing body of literature on the role of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and private natural disaster insurance markets in the United...

This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...

Dealing with the consequences of climate change will put an increasing burden on public and private finances. We use the example of floods in a survey experiment among 8,000 German households to elicit households' preferences for climate adaptation policies. In Germany, as in many countries, we...

Political trust is foundational to democratic legitimacy, representative governance, and the provision of effective public policy. Various shocks can influence this trust, steering countries onto positive or negative trajectories. This study examines whether natural disasters can impact general...

National governments are supposed to play a pivotal role in disaster risk management (DRM). This paper reviews trends and patterns in developing governance and institutions in DRM in the Asia and the Pacific region. The paper then derives recommendations on how to establish disaster risk...

Hazards have no respect for the political boundaries of countries so it is essential for disaster risk management (DRM) to be developed with a strong regional perspective. This paper describes a wide range of regional initiatives in Asia and the Pacific that rely on innovative solutions being...