The number of natural disasters has nearly doubled in the last three decades, with the cost of these events rising substantially–from around $50 billion annually in the 1980’s, to just under $200 billion per year in the last decade. Understanding disaster risks is critical for countries to limit the human and financial impacts caused by floods, cyclones, earthquakes and any other potentially damaging natural events.
To better advance this understanding, over 800 disaster management practitioners and leaders from government, civil society, technology and financial companies from around the globe gathered in London from June 30-July 4 for the third biennial Understanding Risk (UR) Forum—the premiere platform for collaboration, knowledge sharing and innovation in assessing disaster risk.
The Forum is organized by the World Bank-managed Global Facility for Disaster Reduction and Recovery (GFDRR), in partnership with University College London’s Department of Science, Technology, Engineering and Public Policy (UCL STEaPP), and leading global risk advisor, the Willis Group.