Why invest in resilience?
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- Малави
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- ODI
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Key Findings
- Costs of extreme weather events (droughts and floods) in Malawi are rising and undermine development gains.
- Climate change means that the frequency and intensity of extreme weather events will continue into the future, with negative economic impacts accelerating after 2050.
- Investing in resilience creates a triple dividend: avoided losses, development and co-benefits.
- It is cost-effective: benefit-cost ratios for resilience investments can give returns from 3 to 1 to 50 to 1.
- Investing in resilience will allow Malawi to meet its development goals through sustaining and maintaining ecosystems for improved performance of key sectors, including agriculture, tourism, energy and wildlife.
- Investing in resilience has a positive contribution on building human resource capital for addressing 21st century challenges.