Risk-informed development From crisis to resilience

This report highlights the need for: •a move away from single hazard risk analysis to an explicit acknowledgement of the interactions between multiple threats, including economic and financial instability, geopolitical volatility, natural hazards and climate change •systematic assessments of complex threats and risks, opportunities, uncertainties, risk tolerances, perceptions and options to ensure that development is sustainable and resilient •identifying who has responsibility to act upon risk management, with what resources, by when and how those actions are to be monitored •analysis of the potential trade-offs of development policies and investment actions, including social and environmental impacts, feasibility and cultural and ethical outcomes •the provision to policy-makers of a robust evidence base around the role that unsustainable development plays in creating risk •understanding and acknowledging that all development and investment choices involve trade-offs.