Region
Europe and Central Asia
Sectors and Themes
Disaster Risk Reduction
Scale
National
Sub-national
Expertise Level
Generalist
Practitioner
Resource Type
Guidance and Frameworks
Language
English
Developer or Source
Climate Resilient Economic Development (CRED)
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Global Initiative on Disaster Risk Management (GIDRM)
Risk-Informed Development (RID) applies existing good practices and instruments adapted to its broad understanding of risks and integrates them continuously into governance processes. The range of strategies and approaches supporting RID is evolving with the development of innovative solutions to global challenges such as climate change. In the context of the climate crisis, the tool of climate-sensitive macroeconomic modelling and ensuing adaptation measures, introduced below, can contribute to fostering resilience and RID.
The RID approach integrates a broad understanding of risks linked to climate, health, economy, environment, and various other sectors and fields. Addressing the systemic and interconnected nature of risks, RID is an interdisciplinary, strategic, and flexible guiding principle for decision-making towards more resilient and sustainable development progress. RID recognizes that risks are influenced by our activities and choices.