Green Investment in Asian Cities

In recent years, large-scale natural disasters have frequently occurred in various parts of the world and the associated losses have increased (see Figure 1). As a result, there have been increasing concerns over the protective measures needed, particularly with respect to energy and infrastructure systems within cities that are also experiencing increasing risks and exposure levels. In order to avoid risks and damages, and to strengthen resilience to natural disasters, national and local governments need to be prepared. At the local level, authorities must take actions to construct policy packages including locally-based risk prevention facilities as well as risk finance and risk transfer systems.