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Episode 18 Rethinking Resilience: Why Households Are the Real Engine of Climate Adaptation

Episode 18 Rethinking Resilience: Why Households Are the Real Engine of Climate Adaptation

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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

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.