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Global facility for disaster reduction and recovery : a partnership for mainstreaming disaster mitigation in poverty reduction strategies (English)

Disaster reduction and recovery is a critical dimension of poverty reduction agenda. Disaster-related risks continue to increase due to urbanization, unplanned human settlements, environmental degradation, and increasing vulnerability of the population in the World Bank's client countries and these pose a threat to development gains. Modeling disaster risks in macroeconomic projections and estimating changes in real per capita income has shown that catastrophes can slow or stall the reduction of poverty. In order to meet poverty objectives, it is necessary that potential hazard risks are determined and risk management approaches taken into account while designing poverty reduction strategies or socio-economic development plans. The global and national mechanism for financing recovery needs greater attention to bring in speed, flexibility, and innovation to jump-start economies affected by disasters and to ensure that poverty-related policy objectives are met. For the first time, the hotspots study of the World Bank and Columbia University provides a scientific basis for benchmarking and reducing economic loss risks due to natural hazards. The World Bank seeks to respond to global demand for catalyzing greater investment in prevention and mitigation to support implementation of Hyogo Framework for Action (HFA). The World Bank is expected to provide intellectual, technical, and financial leadership to the global facility to achieve the HFA mandated global, regional, and country level outcomes in disaster reduction. The World Bank has a huge portfolio of post-disaster reconstruction programs and many of its ongoing sectoral programmes in health, education, urban development, and infrastructure to promote better hazard risk management through appropriate alignments to disaster risk reduction.

Details

  • Author

    Jha,Saroj Kumar

  • Document Date

    2013/01/01

  • Document Type

    Working Paper

  • Report Number

    79800

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2013/07/30

  • Disclosure Status

    Disclosed

  • Doc Name

    Global facility for disaster reduction and recovery : a partnership for mainstreaming disaster mitigation in poverty reduction strategies

  • Keywords

    Hazard Risk Management;school drop-outs;disaster reduction;disaster risk reduction agenda;access to health care;Policy and Institutional Framework;real per capita income;Work Program and Budget;designing poverty reduction strategy;Country Assistance Strategies;country assistance strategy;natural disaster assistance;sustainable poverty reduction;impact of disaster;risk management principle;high risk country;resource mobilization strategy;global best practice;reduction of poverty;partnership development;promoting gender equality;universal primary education;private sector community;poverty reduction objective;areas of work;multilateral development bank;regional development bank;ex ante risk;analytical and advisory;living in poverty;risk management approach;high population density;risk and vulnerability;national action plan;human resource development;sustainable development policy;disaster recovery;natural hazard;donor support;high mortality;risk assessment;donor consultation;regional partnership;sectoral development;strategic framework;good governance;national capacity;long-term process;risk financing;corporate sector;urgent attention;critical infrastructure;road map;strategic advice;future risks;safeguard policy;positive outcome;resilient development;Country Systems;political commitment;climate variability;technological advancement;bilateral agency;Safeguard Policies;direct participation;global poverty;disaster losses;recovery assistance;global framework;island nations;technical expert;management strategy;professional network;staff exchange;largest outreach;disaster vulnerability;extreme conditions;poverty alleviation;recipient countries;National Institutions;emergency management;administrative support;health facility;hospital building;national policy;mitigation activity;extreme poverty;environmental stability;catastrophic event;adaptive strategy;Poverty Analysis;risk governance;cost-benefit framework;mitigation strategy;mortality risk;action planning;disaster financing;regulatory practice;improve risk;risk reducing;Advisory services;regional network;country operations;national training;hazard prevention;complementary investment;urban development;poverty gap;emergency loan;land area;human settlement;environmental degradation;macroeconomic projection;hazard assessment;socio-economic development;national mechanism;international agreement;strategy papers;financial measure;private investment;Learning and Innovation Credit;financing mechanism;building code;insufficient fund;building standard;Hazard Management;professional body;national programmes;hazard mitigation;legal framework;public education;

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Citation

Jha,Saroj Kumar

Global facility for disaster reduction and recovery : a partnership for mainstreaming disaster mitigation in poverty reduction strategies (English). The World Bank Global Facility for Disaster Reduction and Recovery (GFDRR) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/713841468327001742/Global-facility-for-disaster-reduction-and-recovery-a-partnership-for-mainstreaming-disaster-mitigation-in-poverty-reduction-strategies