Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy

This policy brief argues for the integration of disaster risk management into national economic and fiscal policies to combat the rising trend of global economic losses from disasters, which are primarily driven by increased human and asset exposure to natural hazards.

• The year 2011 was the most expensive year for disasters in economic terms, with global losses estimated at US$380 billion. This follows a 25-year trend where inflation-adjusted global average economic disaster losses have increased by 200%, largely because more assets and people are situated in areas exposed to natural hazards.
• Disasters create significant distributional and knock-on effects that impact international industrial output. For example, floods in Thailand in 2011 caused a 2.6% reduction in Japan's industrial output for November 2011 due to disruptions in automotive and electronics supply chains.
• To protect macroeconomic outlooks in low and middle-income countries, disaster risk measures must be embedded in national economic and fiscal policy, sector-based economic planning, and land-use planning. Effective reduction of exposure requires investments in infrastructure and people in exposed areas, as well as policies for safer spatial distribution, all informed by national risk atlases and disaster risk assessments.

APA

Climate and Development Knowledge Network (2012). Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy. https://cdkn.org/resource/tackling-exposure-placing-disaster-risk-management-at-the-heart-of-national-economic-and-fiscal-policy

Chicago

Climate and Development Knowledge Network. Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy. 2012. https://cdkn.org/resource/tackling-exposure-placing-disaster-risk-management-at-the-heart-of-national-economic-and-fiscal-policy.

Wikipedia

{{cite report |author=Climate and Development Knowledge Network |title=Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy |date=9 May 2012 |url=https://cdkn.org/resource/tackling-exposure-placing-disaster-risk-management-at-the-heart-of-national-economic-and-fiscal-policy |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climateanddevelopmentknowledgenetwork2012tackling, author = {{Climate and Development Knowledge Network}}, title = {{Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy}}, institution = {Climate and Development Knowledge Network}, year = {2012}, month = may, url = {https://cdkn.org/resource/tackling-exposure-placing-disaster-risk-management-at-the-heart-of-national-economic-and-fiscal-policy}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }