Looking into the effects of investment into resilience, a report from the UN Office for Disaster Risk Reduction examines readiness and recovery preparations among nations, as per an article on ReliefWeb. With the recent pandemic offering a point of focus, the report also looks into the disparate economic effects of investment in resilience between nations. Key findings of the report include:
- A recognition that funding in disaster risk reduction is a world-wide issue, with a preference for investing in items that show more immediate results rather than long term effects
- The observation that national focus on resilience is lacking
- Environmental and social guidelines are driving resilience efforts, by putting focus on existing vulnerabilities
- Financing for post-disaster recovery has been important in emphasising the important of building long term resilience
- Communication and coordination between affected parties is critical for risk reduction and resilience, with breakdowns in communication frequently leading to the amplification of risk and damage.
- Stability in politics and governance better allows for rapid recovery in the aftermath of a disaster, and funding to build resilience against future disasters
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