Co-Benefits of Disaster Risk Management
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World Bank, Washington, DC
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Many ex ante measures taken to reduce
disaster risk can deliver co-benefits that are not dependent
on disasters occurring. In fact, building resilience to
climate extremes and disasters can achieve multiple
objectives. These are secondary to the main objective of
disaster risk management of avoiding disaster losses, but
identifying and measuring additional co-benefits can enhance
the attractiveness of disaster risk management investments.
Co-benefits are often economic, such as investment in dams
or irrigation to reduce drought risk generating greater
productivity; but they can also include significant
environmental and social benefits. This paper identifies
some of the potential categories of co-benefits associated
with disaster risk management investments, expanding on
typologies created by agencies seeking to promote social and
environmental safeguarding in their work. The paper looks at
previous studies on disaster risk management where
co-benefits are mentioned but not explored in any detail.
The paper examines two new case studies where environmental
and socioeconomic co-benefits were uncovered in an
irrigation project to reduce drought risk, and an urban
flood risk management project, in Jamaica and Mexico,
respectively. This review points to several challenges in
traditional cost-benefit analysis techniques and puts
forward alternative approaches to identify environmental and
socioeconomic co-benefits when planning disaster risk
management investments. The authors argue that a
comprehensive disaster risk management co-benefits framework
is needed that includes and categorizes all potential
positive environmental and socioeconomic impacts.
Co-benefits research focused on revisiting existing cases
and developing new case studies could play an important role
in this regard.
Palabras clave
HAZARDOUS WASTE, FORECASTS, RISKS, FISH, ECONOMIC GROWTH, ADVERSE IMPACTS, VALUATION, CARBON, INCOME, INSTITUTIONAL INVESTORS, AGRICULTURAL PRODUCTION, TOTAL BENEFITS, STORMS, FISHERIES MANAGEMENT, RESOURCE MANAGEMENT, FINANCIAL RESOURCES, LABOR FORCE, EXPORTS, EMISSIONS, REVENUES, ENVIRONMENTAL ISSUES, ENVIRONMENTAL BENEFITS, SUSTAINABLE MANAGEMENT, CAPACITY BUILDING, ENVIRONMENTAL RESOURCES, DAMAGES, PRICE, INPUTS, SUSTAINABLE DEVELOPMENT, PAYMENTS, RAINWATER, ECONOMIC ANALYSIS, SOCIOECONOMIC IMPACTS, RESOURCE USE, DEVELOPMENT, PRESENT VALUE, CO2, INFLUENCE, EXPLOITATION, ENVIRONMENTAL RISK, COSTS, DEVELOPMENT ECONOMICS, ECONOMIC BENEFITS, COST-BENEFIT ANALYSES, RETROFITTING, FLOODS, CAPACITY, GHG, FINANCIAL COSTS, OPTIONS, EXTERNALITIES, FARMING COMMUNITIES, INDUSTRIALIZATION, CARBON SEQUESTRATION, FINANCIAL INSTITUTIONS, RAINFALL, POLLUTION, BENEFIT ANALYSIS, COMPREHENSIVE STRATEGIES, DEVELOPMENT ACTIONS, TAX REVENUES, DIVIDENDS, UNEP, FINANCE, EFFICIENCY, FISHING, LAND USE, INVESTMENT DECISIONS, RESOURCES, EQUITY, CONSUMPTION, ECOSYSTEM, WAGES, POLICIES, CLIMATE CHANGE, DROUGHT, ENVIRONMENTAL MANAGEMENT, ELECTRIC POWER, VALUE, ECONOMIC VALUE, POLICY MAKERS, ELECTRICITY, CREDIT, ENVIRONMENTAL IMPACTS, DEFORESTATION, CLIMATE, SUSTAINABLE USE, AGRICULTURE, CONSUMERS, PROPERTY, COST-BENEFIT, FOREST, DECISION MAKING, OPPORTUNITY COSTS, CONSUMPTION OF ENERGY, ENVIRONMENT, FOREIGN EXCHANGE, POLICY, ECONOMICS, PERFORMANCE STANDARDS, FISHERIES, GDP, GOODS, LAND, HURRICANE, INVESTMENT, POSITIVE EXTERNALITIES, ALLOCATION, CLIMATE EXTREMES, SUPPLY, POLLUTION PREVENTION, ECONOMIC LIFE, INVESTMENTS, RISK MANAGEMENT, LIVING CONDITIONS, COST-BENEFIT ANALYSIS, DEVELOPMENT PROJECTS, DISTRIBUTIONAL IMPACTS, ENVIRONMENTAL, PUBLIC GOOD, BIODIVERSITY CONSERVATION, NEGATIVE EXTERNALITIES, PERFORMANCE STANDARD, BENEFITS, NEGATIVE IMPACTS, ENERGY, DEVELOPMENT POLICY, PUBLIC GOODS