Development can be affected by risks, but can also create its own risks. Risk-informed development is emerging as a key principle of resilient development, and it requires the strengthening of governance systems to ensure they are inclusive and accountable. Incorporating risk information into the development agenda will help reduce vulnerabilities while ensuring sustainability of development investments.
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A large part of infrastructure in the U.S. such as roads, bridges, schools, and hospitals is vulnerable to flooding because it's old and in poor condition. As floods have become more frequent and intense, federal policies haven't evolved to address the growing threat, even though flood-ready investments are cost-effective.
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