The risk of a disaster can cause economic losses even before a disaster strikes. Investing in disaster resilience, therefore, can yield a ‘triple dividend’ by
(1) avoiding losses when disasters strike;
(2) unlocking development potential by stimulating innovation and bolstering economic activity in a context of reduced disaster-related background risk for investment; and
(3) through the synergies of the social, environment and economic co-benefits of disaster risk management investments even if a disaster does not happen for many years.