Background Paper: Disaster Risk Reduction
The frequency of natural disasters, such as floods, droughts, hurricanes, and earthquakes, is increasing in LAC as in the rest of the world. During the 1960s and 1970s, fewer than 20 disasters occurred per year, while during the 2000s the average increased to 50 disasters per year.This sector study describes the state of natural disaster risk in the Region. It looks at LAC's progress in reducing disaster risk and examines the major challenges that it still confronts. OVE also describes and analyzes the IDB's Disaster Risk Management (DRM) and Climate Change strategies, the DRM portfolio and assesses its DRM work.