Extreme weather events have a direct impact on households' welfare, and in particular, the poorest, most socially excluded populations. Increasing frequency and intensity of disasters, such as earthquakes, hurricanes and flooding, is closely linked to the growing vulnerability of households and communities. Thus, the impacts of extreme events on poverty, income, consumption, health and education present a serious challenge to the well-being of these populations, and also produce negative long-term consequences for economic and social development across the region. In order to reduce the impacts of disasters on existing economic and social disparities, Latin American countries are implementing a range of initiatives that combine Disaster Risk Management (DRM) approaches with poverty reduction measures, social inclusion and the creation of jobs and productive activities. This Brief presents some key experiences from across the region, with a focus on urban governance, public investment systems and innovative insurance mechanisms. The Brief then describes the main contextual factors that explain why Latin American countries have made progress in these areas, as well as on-going challenges and key lessons that may be useful for other regions.
Format: Digital (Free)
Tags: Natural hazards ; Disaster Risk Management (DRM) ; Poverty and Poverty reduction ; Case/ Case study ; Latin America ; Region IV - North America, Central America and the Caribbean ; Region III - South America Add tag