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Realising the 'Triple Dividend of Resilience'

A New Business Case for Disaster Risk Management

  • Swenja Surminski
  • Thomas Tanner

Part of the Climate Risk Management, Policy and Governance book series (CRMPG)

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Thomas Tanner, Swenja Surminski, Emily Wilkinson, Robert Reid, Jun Rentschler, Sumati Rajput et al.
    Pages 1-29
  3. Stéphane Hallegatte, Mook Bangalore, Marie-Agnès Jouanjean
    Pages 31-54
  4. Reinhard Mechler, Junko Mochizuki, Stefan Hochrainer-Stigler
    Pages 73-104
  5. Back Matter
    Pages 173-176

About this book

Introduction

Why aren’t we investing more in disaster resilience, despite the rising costs of disaster events? This book argues that decision-makers in governments, businesses, households, and development agencies tend to focus on avoiding losses from disasters, and perceive the return on investment as uncertain – only realised if a somewhat unlikely disaster event actually happens. 

This book develops a new business case for investment based on the multiple dividends of resilience. This looks beyond only avoided losses (the first dividend) to the wider benefits gained independently of whether or not the disaster event occurs. These include unleashing entrepreneurial activities and productive investments by lowering the looming threat of losses from disasters and enabling businesses, farmers and homeowners to take positive risks (the second dividend); and co-benefits of resilience measures beyond just disaster risk (the third dividend), such as flood embankments in Bangladesh that double as roads, or wetlands in Colombo that reduce urban heat extremes.

Keywords

DRM Investment Macro-economic Benefit Rising Loss DRM Expenditure Co-benefit

Editors and affiliations

  • Swenja Surminski
    • 1
  • Thomas Tanner
    • 2
  1. 1.London School of Economics LondonUnited Kingdom
  2. 2.Overseas Development Institute LondonUnited Kingdom

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-40694-7
  • Copyright Information Springer International Publishing Switzerland 2016
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-40693-0
  • Online ISBN 978-3-319-40694-7
  • Series Print ISSN 2510-1390
  • Series Online ISSN 2510-1404
  • Buy this book on publisher's site