resilience reporter

resilience starts with information

Disaster-hit Nations Must Rebuild Better or Risk Losing Insurance, Experts Say

Integrating disaster risk, resilience into broader systems key to unlocking climate adaptation abilities

A systemic disconnect between material natural disaster risk, asset valuation and infrastructure investment demands that disaster risk and resilience be integrated into broader financial, accounting and reporting systems, David Greenall, senior director of sustainable business solutions for PwC Canada, told Canadian Underwriter Friday, the International Day for Disaster Reduction…

 

Disaster-hit Nations Must Rebuild Better or Risk Losing Insurance, Experts Say

Hurricane Maria damage

FILE – Homes lay scattered after the passing of Hurricane Maria in Roseau, the capital of the island of Dominica, Sept. 23, 2017.

Disaster-prone countries that keep rebuilding homes, roads and utilities are in danger of becoming uninsurable unless their new infrastructure is built to survive further catastrophe, experts said Friday at a World Bank conference.

New construction must be low in carbon emissions and built on safe land at less risk of destruction as extreme weather intensifies under global warming, they said.

More infrastructure is about to be built in the next 20 years than was built in the past 2,000 years, said experts at the World Bank conference on infrastructure and resilience held in Washington.

The total cost of that infrastructure is seen at some $5 trillion a year.

“The expense of a constant construct, reconstruct, reconstruct, frankly, no country can afford,” said Christiana Figueres, former United Nations’ climate chief.

“Because we know we will be getting more of these effects, we cannot let ourselves get to a scenario where we are systemically uninsurable…

 

Investing in disaster prevention for a healthier world

The International Day for Disaster Reduction (IDDR) reminds us of the importance of putting health at the centre of action to prevent, prepare for, respond to and recover from emergencies and disasters.

Millions of people are killed, injured or made sick each year by natural and manmade disasters.

Stronger health systems, Universal Health Coverage (UHC) and the implementation of the International Health Regulations (2005) are critical to building community and country resilience.

Emergency response alone is not enough. We need to prevent events from occurring in the first place, to reduce exposure and vulnerabilities, and to ensure that capacities are in place at ground level for public health.

We must establish effective health emergency risk management systems to coordinate efforts by local, national and international…

 

 

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