Investment in Disaster Risk Management in Europe Makes Economic Sense Format 1. About this Background Report This Background Report accompanies a summary report, which forms part of the World Bank’s technical assistance project undertaken with the European Commission’s Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and financed under the Union Civil Protection Mechanism (UCPM) Annual Work Programme 2020. This report is the output produced under Component 1 “Retrospective analysis of the costs and benefits of selected disaster risk management ...