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The integrated disaster risk management fund: Sharing lessons and achievements, October 2020
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EXECUTIVE SUMMARY
Southeast Asia is home to an estimated 36 million
people living below the international poverty
line, about 5% of the global total. If efforts
to achieve the Sustainable Development Goals
in this region are to succeed, undertaking disaster
risk-informed developments is not a choice, but
a necessity. Natural hazards impact large areas
throughout the region, leaving an average financial
loss of approximately $5 billion a year a figure that
is growing as climate change, population, economic
development, and unplanned urbanization increase.
In the last 3 decades, disasters triggered by natural
Southeast Asia is one of the most hazard-prone regions in Asia and the Pacific. The region suffered $91 billion in financial losses in 2004–2014 from the impacts of typhoons, storm surges, floods, drought, and earthquakes. Southeast Asia’s poor and vulnerable are also the ones most likely to be adversely affected when disasters strike.
To advance proactive integrated disaster risk management measures within ADB’s developing member countries (DMCs) in Southeast Asia, ADB and the Government of Canada established the Integrated Disaster Risk Management (IDRM) Fund in February 2013. The IDRM Fund funded 19 technical assistance projects, including knowledge-sharing activities, in Cambodia, Indonesia, Lao People’s Democratic Republic, Myanmar, the Philippines, Thailand, and Viet Nam.
Assessing risks more accurately
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International joint project RIESGOS 2.0 to support risk management for natural hazards begins.
Practical methods and technologies for multi-risk analysis are being developed for particularly vulnerable regions in Chile, Ecuador and Peru.
The course and interactions of various natural hazards - including earthquakes, landslides, volcanoes, floods and tsunamis - can be simulated and displayed via a web platform.
Focus: Space, Earth observation, security, digitalisation
Increasing numbers of people worldwide are being exposed to natural hazards, particularly in densely populated cities and conurbations. In these situations, effective risk management can save lives. Hazards are rarely isolated; if an earthquake triggers a tsunami, this in turn can generate further environmental disasters and disruptions. Torrential rain can cause landslides and lead to rivers bursting their banks, resulting in flooding. These chain reactions can comp