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Episode 18 Rethinking Resilience: Why Households Are the Real Engine of Climate Adaptation
Accelerating Development: Ideas for Impact
10 minutes
1 month ago
Episode 18 Rethinking Resilience: Why Households Are the Real Engine of Climate Adaptation
Can a simple bank account offer better protection than a sea wall? This episode challenges the top-down view of climate resilience, arguing that the most effective path to climate resilience starts with people - and it begins with economic growth . We explore why a 10% rise in GDP saves millions, how "ambiguity aversion" paralyzes decision-making, and the surprising ways government safety nets can accidentally increase risk through "moral hazard." Discover why empowering individuals with data, finance, and market access is the most effective strategy for a changing world. Generated with AI using wondercraft.ai and guided by our experts.Read the full report here at https://www.worldbank.org/en/publication/rethinking-resilience
