The Averted Disaster Award, an innovative competition that brings visibility to successful disaster-risk-mitigation interventions around the world, will announce its 2023 winners at the 11th Global Dialogue Platform on Anticipatory Humanitarian Action. The award ceremony on day three of the conference will include a documentary film about the winners.
Mary Boyer, disaster risk management specialist at GFDRR, sheds light on how Dominica is bolstering its early warning systems, with an eye to saving lives and livelihoods when the next hurricane strikes.
A new joint assessment released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations, estimates that the cost of reconstruction and recovery in Ukraine has grown to US $411 billion (equivalent of €383 billion). The estimate covers the one-year period from Russia’s invasion of Ukraine on February 24, 2022, to the first anniversary of the war on February 24, 2023. The cost of reconstruction and recovery is expected to stretch over 10 years and combines both needs for public and private funds.
The earthquakes that hit Turkey and Syria last month caused about $5.1 billion in direct physical damage in Syria according to a World Bank assessment which was supported by GFDRR, Reuters reported. The assessment used the Global RApid post-disaster Damage Estimation (GRADE) methodology.
The World Bank estimated in 2021 that retrofitting or rebuilding millions of residential buildings in Türkiye to withstand an earthquake would cost almost half a trillion dollars.