Disaster Risk Finance: Protecting Livelihoods and Development

The financial impact of disasters caused by natural hazards is growing. Direct financial loss reached an average of USD 165bn per year over the last 10 years. Economic losses can slow down development progress, keep people in poverty, or push them back into it. These five infographics provide an overview of the high cost of disasters on national and local governments, businesses, and households—including farmers, herders, and homeowners—and the most vulnerable. It also highlights solutions that have been implemented successfully in several regions of the world with support of the Disaster Risk Finance Insurance Program.