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Calculating the cost of climate disasters : why investments in climate information services pay off

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Published
2020-04
Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa;
United Nations. Economic Commission for Africa;
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Abstract
A new framework developed by the African Climate Policy Centre provides governments with a vital tool for calculating – and minimizing – the costs of climate disasters. If governments are to invest in climate information services (CIS) to minimize the costs of climate disasters, they need to know – in very precise monetary terms – the returns on their investment. A new framework demonstrates how modest investments in CIS can enable disaster interventions, leading to significant avoided costs and added benefits in many socio-economic sectors. For governments, the framework is a vital tool for preparing disaster risk reduction strategies or expanding existing national and sectoral policies and strategies.
Citation
“United Nations. Economic Commission for Africa; United Nations. Economic Commission for Africa (2020-04). Calculating the cost of climate disasters : why investments in climate information services pay off. Addis Ababa. © UN. ECA. https://repository.uneca.org/handle/10855/43783”
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https://repository.uneca.org/handle/10855/43783
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