Resilience and Disaster Management

https://www.worldbank.org/ext/en/topic/resilience-and-disaster-management Natural Hazards Cost the World 90 Million Jobs Every Year A new global study covering 132 countries, Worldwide Job Losses Due to Natural Hazards, finds that each year, disasters and extreme heat are associated with the loss of around 90 million full‑time job equivalents worldwide. Disasters are no longer rare, isolated shocks. They are an escalating development challenge. In 2024, global economic losses from disasters reached record levels, with the poorest countries hit hardest. Beyond the destruction they cause, disasters disrupt growth and jobs, strain public finances, erode infrastructure, and push vulnerable households deeper into poverty. For the World Bank, disaster risk management is core to development: vital to growth, fiscal stability, and poverty reduction. Disasters can undo years of progress in moments. Investments in preparedness and resilience safeguard those development gains, protect lives and jobs, and create conditions for sustainable growth on a livable planet.