RMI-2302 Chapter Notes - Chapter 12: Poverty Reduction, Nuclear Warfare, Disaster Risk Reduction

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Natural hazards: disasters can happen anywhere, great disasters (megadisasters) are actually very concentrated. 28% of disasters caused 40% of the economic losses: poor countries, high share of risk, greater economic losses, least resilient, leads to real poverty. Risk not evenly distributed: compare japan and philippines, japan: 22. 5m exposed to typhoons, philippines: 16m exposed, avg. Annual death toll: 17x higher in the philippines: biggest exposure, small island developing states (sids) and land locked developing countries (lldc, potential losses relative to wealth/development gdp. Disaster risk drivers: poor urban governance, vulnerable rural livelihoods, declining ecosystems, global climate change, risk is changing, we may make progress (become less vulnerable, however, exposure is growing. Why are poor nations worse off: less resilient, no insurance/social coverage, lead to income and consumption shortfalls, negatively affect welfare and human development. Natural disasters are not the only worry: global catastrophic risks, 2008, most glo(cid:271)al (cid:272)atastrophes (cid:449)ill o(cid:272)(cid:272)ur fro(cid:373) hu(cid:373)a(cid:374) a(cid:272)ti(cid:448)ities, (cid:862)i(cid:374)dustrial (cid:272)i(cid:448)ilizatio(cid:374) a(cid:374)d ad(cid:448)a(cid:374)(cid:272)ed te(cid:272)h(cid:374)ologies(cid:863)

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