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Advances and challenges in DRR investment and financing

An analysis in three parts – Part I. Introduction and Section 1: Capitalising on history to address challenges in disaster risk reduction (DRR) investment and build our common future (A UNDRR–RAR 2024 epilogue)

Bibliographic Data

ID17691515
AuthorsAllan Lavell (0000-0001-5653-0287, Latin American Social Science Faculty (FLACSO), corresponding author), Nahuel Arenas (United Nations Office for Disaster Risk Reduction (UNDRR)), Iván Morales (0000-0002-0802-8484, Independent Consultant , ,)
Year2025
Volume34
Issue5
Pages573-584
Publication date2025-10-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueDisaster Prevention and Management An International Journal (JOURNAL)
Journal identifiersISSN: 0965-3562 • E-ISSN: 1758-6100
PublisherEmerald Publishing Limited (PUBLISHER • GB)
DOI10.1108/dpm-04-2025-0128
OpenAlexW4414807776
LanguageEN
References cited7

Purpose This contribution examines historical trends, persistent challenges, and strategic recommendations for disaster risk reduction (DRR) investment and financing in Latin America and the Caribbean (LAC), contextualized within global frameworks such as the Hyogo and Sendai Agreements. Design/methodology/approach The contribution synthesizes historical aspects of the development of DRR financing and investment demands and justifications, focusing on pre- and post-Hyogo Framework periods (1970s–2024). Findings Persistent underfunding of corrective and prospective DRR, systemic data gaps, and fragmented governance are identified. The study advocates for intersectoral DRR financing as a core component of sustainable development. Originality/value This work consolidates historical insights and perspectives to propose actionable solutions for policymakers, addressing gaps in DRR financing literature specific to LAC

Business continuity · Corporate governance · Disaster risk reduction · Latin Americans · Risk management · Agricultural risk and resilience · Disaster Management and Resilience · Insurance and Financial Risk Management

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Citation velocityhistorical
Highly citedNo
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