It is time to factor natural disasters into macroeconomic scenarios

Using evaluative lessons from the World Bank's and others' experience, this note highlights the urgent need to invest in climate change mitigation, disaster preparedness, early response, and post-disaster reconstruction. It advocates for finding solutions to climate change effects and establishing disaster mitigation plans to be seen as a part of growth policies, not as an added cost, and to focus on streamlining prevention and mitigation measures in national policies.