Disasters: economic loss (SDG 1.5.2) Very little negative or positive change


Direct economic loss attributed to disasters in relation to global gross domestic product (GDP). Economic damages due to natural disaster


0.1 0.2 0.3 0.4 0.5 0.6


0


Source: UNSD 2019 Tier II; Custodian agency: United Nations Office for Disaster Risk Reduction (UNISDR)


The global picture hides considerable differences at the national level. Depending on both the inherent resilience and the size of the economy of a country affected by a natural disaster, the economic impact can vary dramatically. For example, natural disasters cost Bangladesh 1.72 per cent of its national GDP in 2016, more than four times as much of an impact as in neighboring India in the same year. In general, while human fatalities due to disasters are generally decreasing over time as a result of better early warning and preparedness, the economic costs of disaster are fluctuating quite significantly between 0.1 per cent and 0.5 per cent of global GDP. This is a result of more economic assets falling in harm’s way as well as the increase in disaster insurance in certain places, coupled with the very variable nature and location of disasters that hit the globe from year to year.


Source: UNSDR 2017 Tier I; Custodian agency: United Nations Office for Disaster Risk Reduction (UNISDR)


One of the most effective ways of institutionalising risk reduction in countries is through the adoption and implementation of appropriate disaster risk reduction strategies. The Sendai Framework on Disaster Risk Reduction, adopted by UN Member States in 2015, sets out the ‘gold standard’ for what these disaster risk reduction strategies should look like. Unfortunately, there is a lack of data for measuring “the number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030”. Unlike most SDGs which set a target date of 2030, this target is to have universal adoption of national disaster risk reduction strategies by 2020. Based on the current information available, only a few countries have reported legislative or regulatory provisions in line with Sendai and the majority of countries do not have data available.


Disasters: risk reduction strategies (SDG 1.5.3) Too little data


Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015-2030.


World Disaster Risk Reduction strategies in 2017


Sustainable Development Goal


39


2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


Economic Damages (% of World GDP)


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