Disaster-Resilient Infrastructure: Unlocking Opportunities for Asia and the Pacific
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Disaster-Resilient Infrastructure - Asian Development Bank
DISASTER-RESILIENT INFRASTRUCTURE
UNLOCKING OPPORTUNITIES FOR ASIA AND THE PACIFIC
APRIL 2022
Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)
© 2022 Asian Development Bank (ADB)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Tel +63 2 8632 4444; Fax +63 2 8636 2444
www.adb.org
Some rights reserved. Published in 2022.
ISBN 978-92-9269-489-0 (print); 978-92-9269-490-6 (electronic); 978-92-9269-491-3 (ebook)
Publication Stock No. TCS220168-2
DOI: http://dx.doi.org/10.22617/TCS220168-2
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ADB recognizes China
as the People’s Republic of China and Vietnam
as Viet Nam.
In this publication, $
refers to United States dollars.
In this publication, tables, figures, and maps without explicit sources are those of the authors.
This report was prepared in March 2022 by ADB’s Sustainable Development and Climate Change Department under the technical assistance project Building Disaster-Resilient Infrastructure through Enhanced Knowledge." It is based on the draft report submitted by the business management consultant Vivid Economics (UK) and the Asian Disaster Preparedness Center (Thailand).
Cover design by Ross Locsin Laccay
Contents
Tables, Figures, Boxes, and Maps
Foreword
Disasters triggered by natural hazards threaten the long-term sustainability of development in Asia and the Pacific. Countries across the region face significant disaster and climate risk. From 2012 to 2021 alone, infrastructure failure due to insufficient resilience contributed to about 80,729 disaster-related fatalities. Extreme weather events and geophysical hazards over the same period caused direct physical losses averaging $58 billion per year, or $159 million per day. Infrastructure, homes, and businesses were damaged, with indirect economic and social consequences for jobs, productivity, and service provision.
The escalation in disaster losses underscores the urgency of addressing disaster risk adequately when planning and designing infrastructure in developing member countries (DMCs) of the Asian Development Bank (ADB). Disaster risk is an especially pressing concern, given the region’s huge infrastructure investment requirements over the next 20 years, combined with the expected adverse impact of climate change, which would make extreme weather occurrences even more frequent and intense.
According to ADB’s seminal report Meeting Asia’s Infrastructure Needs (2017), developing Asia must invest $26 trillion from 2016 to 2030, or $1.7 trillion per year . . . to maintain its growth momentum, eradicate poverty, and respond to climate change (climate-adjusted estimate).
Clearly, therefore, infrastructure resilience presents a critical challenge for Asia and the Pacific. How and where investments are made will largely determine its ability to cope with disaster and climate risk for decades to come. Ensuring investments are risk-informed will prevent or, at the very least, reduce the impact natural hazards have on assets and systems in the region.
Since 2015, the international community’s commitment to advancing disaster-resilient infrastructure has been reflected in Sustainable Development Goal 9 (build resilient infrastructure, promote sustainable industrialization, and foster innovation), global target D of the Sendai Framework for Disaster Risk Reduction (substantially reduce disaster damage to critical infrastructure and disruption of basic services), and the Principles for Quality Infrastructure Investment of the Group of Twenty (G20) countries, among others. But while upstream architecture has an important role in setting goals and providing a normative framework for resilience building, in many DMCs, greater emphasis must be placed on how they can attain the resilience objective.
This publication, intended for DMC policy makers and practitioners, accordingly explores opportunities to strengthen infrastructure resilience through practical solutions, and thus unlock significant co-benefits. Approaches to addressing the attendant challenges, beyond access to finance, are explored here. These include risk assessment, investment appraisal, operation and maintenance across the life cycle of the infrastructure asset, and overarching ways of achieving system-wide resilience objectives and implementing effective governance models.
A prosperous, inclusive, resilient, and sustainable Asia and the Pacific is a primary focus of ADB advocacy. With this publication, ADB hopes to contribute to the discourse and to encourage dialogue among its DMCs, and between the DMCs and their development partners.
NOELLE O’BRIEN
Chief, Climate Change and