Economic vulnerability and disaster risk assessment in Malawi and Mozambique

Material Information

Title:
Economic vulnerability and disaster risk assessment in Malawi and Mozambique measuring economic risks of droughts and floods
Creator:
The World Bank
Risk Management Solutions Inc (RMSI)
International Food Policy Research Institute (IFPRI)
Global Facilty for Disaster Reduction and Recovery (GFDRR)
Disaster Risk Reduction Program, Florida International University (DRR/FIU) ( summary contributor )
Place of Publication:
Washington, D.C.
Publisher:
World Bank
Publication Date:
Copyright Date:
2009
Language:
English

Subjects

Subjects / Keywords:
Droughts -- Malawi ( lcsh )
Droughts -- Mozambique ( lcsh )
Floods -- Malawi ( lcsh )
Floods -- Mozambique ( lcsh )
Natural hazards and disasters ( lcshac )
Risk management ( lcshac )
Genre:
non-fiction ( marcgt )
Spatial Coverage:
Africa -- Malawi
Africa -- Mozambique

Notes

Summary:
This study underlines the major obstacles that droughts and floods present for the agricultural sector of Malawi and Mozambique, a central component of both countries’ economies. Noting the increasing frequency of these hazards, the study calls for further attention by policymakers to the severe implications of climate variability, particularly for the most vulnerable in society: the resource-poor, small-scale farmers, and the poorest urban households. Droughts and floods produce substantial negative impacts on the economies of Malawi and Mozambique each year, resulting in direct losses in assets, reductions of GDP, and increased poverty. Malawi experienced six major droughts, affecting over 21 million people, between 1967 and 2003. In the same period, the country had 18 floods, killing at least 570 people, leaving 132,000 homeless, and affecting a total of 1.8 million people. In Mozambique, drought is the most frequent natural hazard, occurring once every three to four years. Because of the systematic threat that drought and flooding pose for these two countries, the study contends that climate variability should be addressed explicitly in the designing of national development policies and strategies in Malawi and Mozambique. This document seeks to assist the governments of Malawi and Mozambique in determining the degree of their economic vulnerability to climate variability and to assess the systematic economic risks associated with droughts and floods. The study specifically calls for the incorporation of disaster risk reduction (DRR) strategies into national economic and development planning. The study uses probabilistic risk analysis to assess the impacts of natural hazards on both societies. Hazard, exposure, vulnerability, and loss modules constitute the key components of the risk analyses. The study also includes several useful hazard and vulnerability maps for the two countries. ( English,English,English,, )
Subject:
Disaster Risk Management
Scope and Content:
Introduction p. 1; Study methodology p. 3; Assessing drought risks p. 5; Assessing flood risks p. 7; Long-term losses p. 8; Economy-wide impacts of droughts and floods p. 11; Concluding remarks p. 12
Citation/Reference:
(2009). Economic vulnerability and disaster risk assessment in Malawi and Mozambique: measuring economic risks of droughts and floods. The World Bank, Global Facility for Disaster Reduction and Recovery (GFDRR), RMSI, IFPRI.

Record Information

Source Institution:
Florida International University
Rights Management:
The World Bank: The World Bank authorizes the use of this material subject to the terms and conditions on its website, http://www.worldbank.org/terms
Resource Identifier:
FI13010958

dpSobek Membership

Aggregations:
Disaster Risk Reduction