Do you know the difference between disaster risk reduction (DRR) and disaster risk management (DRM)? 🤔 🎥 This video explains how DRR and DRM work together to build resilience. | UNDRR
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Many disaster impacts are avoidable with well-targeted investments in risk reduction. These could be establishing early warning systems, building resilient infrastructure and restoring ecosystems that provide protection. 📈The benefit–cost ratio for such investments often ranges from 2:1 to 10:1 or higher. In practical terms, a $10 million investment could prevent $50 million in damage. Key considerations for potential investments: ✅ How much investment is required to achieve those savings? ✅ Wh
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