Compound Risk Analysis of Natural Hazards and Infectious Disease Outbreaks
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Compound Risk Analysis of Natural Hazards and Infectious Disease Outbreaks by Asian Development Bank
This study explores the potential impacts of compounding risk between natural hazards and infectious disease outbreaks such as the recent COVID-19 pandemic in the Central Asia Regional Economic Cooperation (CAREC) region.Compound risk occurs when two or more shock events overlap, inducing additional pressure on social and physical vulnerabilities. As part of the study, scenarios of a natural hazard occurring during an outbreak are created for each CAREC country. The study concludes that compound risk may pose a challenge for the CAREC region in terms of elevated costs of response due to higher operational complexity, longer timelines required for reconstruction, and higher procurement costs resulting from supply interruptions or price shocks. It is therefore important to consider compound risk when investing in disaster risk management.
The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.
| SKU | Unavailable |
| ISBN 13 | 9789292694500 |
| ISBN 10 | 9292694502 |
| Title | Compound Risk Analysis of Natural Hazards and Infectious Disease Outbreaks |
| Author | Asian Development Bank |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Asian Development Bank |
| Year published | 2022-06-30 |
| Number of pages | 56 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |