Risk-Informed Decision-Making: An Agenda for Improving Risk Assessments Under HFA2
More frequent and intense climate extremes are expected as the climate changes; this, combined with changing patterns of exposure and vulnerability, is creating new geographic distributions of risk that need to be addressed explicitly through public policy. Disaster risk assessments are produced and promoted on the basis that they provide the information, analysis and knowledge needed to make sound choices and investments that reduce the human impact of environmental hazards.
This paper analyses research conducted in Latin America and the Caribbean (LAC), with additional material from CDKN’s experience in Ghana, India and Pakistan.
Based on a CDKN research project carried out in Latin America and the Caribbean in 2013 by FLACSO and three mini case studies conducted by CDKN regional offices in Africa and Asia, the results presented here provide useful insights into the use of risk-related information in public investment decisions to manage risk, adapt to climate change and promote development.
This paper discusses the technical, operational and institutional influences on the use and application of risk information related to climate extremes and other hazards, embedding its analysis in a broader set of challenges around implementing disaster risk management and adaptation policies. It presents a number of recommendations on how to conceive and conduct risk assessments that can clearly convey the main messages – and thus be more easily translated into effective risk management decisions.
Also posted in Spanish