{"id":51044,"date":"2020-06-09T12:58:56","date_gmt":"2020-06-09T11:58:56","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=51044"},"modified":"2024-08-19T14:15:57","modified_gmt":"2024-08-19T13:15:57","slug":"disaster-impacts-and-financing-local-insights-from-the-philippines","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/disaster-impacts-and-financing-local-insights-from-the-philippines\/","title":{"rendered":"Disaster impacts and financing: local insights from the Philippines"},"content":{"rendered":"\n

The Philippines is considered one of the most hazard-exposed countries in the world. The country’s people and economy are especially vulnerable to the impacts of natural hazards due to their dependency on climate-reliant activities such as agriculture and on coastal and marine resources. Given the limited resources available, it is vital that available funding for disaster preparedness and relief is allocated based on accurate forecasts and evidence.<\/p>\n\n\n\n

This report investigates why further disaster risk policy intervention may be required at the local level in the Philippines and provides guidance to policymakers on the focus for providing improved interventions. The ongoing COVID-19 crisis has focused the need even more on enhancing preparedness as a more effective strategy than solely managing and responding to disasters. The pandemic could fundamentally change the international political system and donor investment priorities, so it is timely to reinforce the importance of pre-disaster investments to build resilience to future shocks.<\/p>\n\n\n\n

Main messages<\/h2>\n\n\n\n