Impacts of Funding Gaps on Disaster Management: A Case Study of Bangladesh


Authors : K M Ali Reza

Volume/Issue : Volume 9 - 2024, Issue 9 - September


Google Scholar : https://tinyurl.com/y38uuk6w

Scribd : https://tinyurl.com/yj2zem94

DOI : https://doi.org/10.38124/ijisrt/IJISRT24SEP181

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Abstract : This study provides a comprehensive analysis of the funding gap in disaster management in Bangladesh from 2000 to June 2024. By examining the relationship between estimated economic damage caused by natural disasters, the corresponding investment in disaster management, and the resulting funding shortfalls, the research underscores the significant challenges faced by Bangladesh in effectively preparing for and responding to such events. The study critically evaluates the trends of funding inadequacies over the years, revealing a persistent gap that has serious implications for disaster preparedness, response, recovery, and mitigation efforts. Additionally, the research explores the socioeconomic impacts of these funding gaps on affected populations, particularly in terms of exacerbating vulnerability, prolonging recovery, and increasing the risk of future disasters. By providing these insights, the study aims to contribute to the ongoing discourse on disaster risk reduction and management, offering recommendations for more effective allocation of resources to enhance resilience in one of the most disaster-prone countries in the world.

Keywords : Bangladesh, Disaster, Finance, Risk Reduction, Damage and Loss, Vulnerability.

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This study provides a comprehensive analysis of the funding gap in disaster management in Bangladesh from 2000 to June 2024. By examining the relationship between estimated economic damage caused by natural disasters, the corresponding investment in disaster management, and the resulting funding shortfalls, the research underscores the significant challenges faced by Bangladesh in effectively preparing for and responding to such events. The study critically evaluates the trends of funding inadequacies over the years, revealing a persistent gap that has serious implications for disaster preparedness, response, recovery, and mitigation efforts. Additionally, the research explores the socioeconomic impacts of these funding gaps on affected populations, particularly in terms of exacerbating vulnerability, prolonging recovery, and increasing the risk of future disasters. By providing these insights, the study aims to contribute to the ongoing discourse on disaster risk reduction and management, offering recommendations for more effective allocation of resources to enhance resilience in one of the most disaster-prone countries in the world.

Keywords : Bangladesh, Disaster, Finance, Risk Reduction, Damage and Loss, Vulnerability.

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