From risk to resilience: Enabling, elevating, and financing resilient recovery

The climate crisis is causing an alarming rise in the complexity, frequency, and severity of disasters, and developing countries are projected to face annual losses and damages of US$1-1.8 trillion by 2050 due to climate change. People are increasingly trapped in a spiral of vulnerability and loss, unable to fully recover and rebuild their lives before the next climate shock hits. While investment is insufficient across the entire disaster risk management cycle, recovery efforts are particularly underfunded. This policy brief outlines what effective resilient recovery can look like and makes recommendations for its implementation at the national and international level.