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Building resilience: investing in mitigation to reduce risk

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Changes in land use and the effects of climate change have contributed to a rise in natural disasters, including floods. Disasters devastate the communities they impact, often requiring emergency intervention, temporary relocation of families and businesses, and costly repairs. How can mitigating climate change and flood risks contribute to more resilient communities? From a financial perspective, how can increased mitigation investment help communities avoid losses and disruption? How can it promote investment, entrepreneurship and innovation in areas where the frequency of natural disasters has previously discouraged businesses and households from saving and building assets?

Under the chairmanship of an Economist Group editor, this discussion will convene leading thinkers, policymakers and researchers to examine the business case for investing in flood and natural disaster mitigation actions to lessen the risks faced by communities.

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