Risk governance

Assessing the Real Cost of Disasters

The Need for Better Evidence

In series:OECD Reviews of Risk Management Policiesview more titles

Published on May 03, 2018

book

Disasters disrupt socio-economic activities and cause substantial damage. Yet, their full economic impact remains largely unknown, especially the cost of smaller disasters and indirect impacts such as those due to business disruptions. Similarly, little information exists on the total amount of public resources that countries devote to disaster risk management. Reliable, comprehensive and comparable data on the economic impact of disasters as well as on public spending on disaster management and risk prevention are essential for developing effective disaster risk management policies. This report provides an overview of countries' efforts to improve the quality and quantity of information on the costs of disasters.

TABLE OF CONTENTS

Foreword
Executive Summary
Introduction
Improving the Evidence Base on the Costs of Disasters
Progress in measuring and accounting for disaster damage and losses in OECD countries
Public expenditures for disaster risk management: Assessing the state of the art
Summary and next steps
Annexes2 chapters available
Improving the Evidence Base on the Costs of Disasters: OECD Expert Meeting Summaries
OECD country survey and list of institutions of country responses
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