East Asia and Pacific (EAP) has suffered the costliest disasters of any region as a whole, with disaster losses continuing to outpace economic growth in some subregions. Annualized economic losses amount to more than $300 billion per year when slow-onset disasters are taken into account. In terms of climate-related events alone, Southeast Asian countries often rank among the top 10 countries most affected globally.
Which Areas of Engagement are covered by grants in this region?
Priority 1Understanding disaster risk
Priority 2Strengthening disaster risk governance to manage disaster risk
Priority 3Investing in disaster risk reduction for resilience
Priority 4Enhancing disaster preparedness for effective response and to “Build Back Better” in recovery, rehabilitation and reconstruction
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