The Global Assessment Report on Disaster Risk Reduction  drew upon Risk, Policy and Vulnerability (RPV) modeling to show that national economic accounting does not adequately measure disaster impacts. RPV's work showed that improved consideration of disaster risk in projecting economic aggregates would improve risk management and financing strategies.
The report was a joint effort by leading scientific institutions, governments, UN agencies and development banks, the private sector and non-governmental organizations.
It shows that economic losses from disaster risk are on the rise, are costlier than thought, and have been underestimated by at least 50%.
This is the third GAR on Disaster Risk Reduction. The previous two editions were predominantly written for an audience of policy- and decision-makers in government departments.
GAR 2013 aims at business leaders and private investors and at local and national regulators.
It highlights the interdependence of the public and private sectors and why business competitiveness, sustainability and resilience will also depend on governments’ ability to manage disaster risk through effective policies.
UN Office for Disaster Risk Reduction.
Last edited: 22 May 2014
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