The Economic Case for Investing in Disaster Preparedness and Resilience (Germany - Summary Report)
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- Technical Assistance Financing Facility for Disaster Prevention and Preparedness (TAFF).
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- Summary
Germany faces rapidly increasing and increasingly complex risks, driven by climate change and compounded by technological, health, economic and geopolitical shocks. Extreme weather has already caused over €80 billion in damage (2018–2022), with projected losses reaching up to €900 billion by 2050.
The report makes a strong economic case for investing in disaster preparedness and multi-hazard risk management. In Germany, every €1 invested in prevention and preparedness yields an estimated €2–6 in economic returns (with some measures much higher), demonstrating that resilience investments are both urgently needed and highly cost-effective.
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