The Technical Committee on Disaster Risk Management of the World Federation of Engineering Organizations (WFEO) and the Peruvian Engineers Association (CIP) organized this seminar which reviewed the experience of Global Rapid Post-Disaster Damage Estimation (GRADE) assessments from the last 10 years.
GRADE is a remote, desk-based methodology developed by the World Bank and implemented by GFDRR to help World Bank member countries estimate the economic damage impact soon after disasters. As documented in a recent desk review, since its first application after the 2015 Nepal Earthquake, GRADE has been used in over 70 occasions in response to disasters in over 50 countries has informed recovery planning faster mobilization of funds. Using disruptive technology, GRADE assessments are developed in approximately a couple of weeks’ time and on average to accuracy of 90 percent of detailed on the ground damage assessments that follow later. The information generated from GRADE has become a trusted tool for Ministries of Finances, DRM agencies as well as decision makers including World Bank to understand the overall impacts from disasters.