The Recovery Duration Adjuster
Summary

The Proposition

While several development agencies and academics have undertaken the design of vulnerability indexes, there remains tremendous scope to develop policy consensus on the choice of a universal vulnerability and resilience index, the operationalisation of such an index, and the agreement on weighting and aggregation. 

Caribbean Development Bank (CDB) is proposing an upgraded measure of vulnerability which better reflects the changing economic, environmental and resilience conditions of SIDS in the Caribbean region.  The Bank is developing a Recovery Duration Adjuster (RDA) which considers a 360-degree perspective, that assesses the economic, social and environmental dimensions of vulnerability.

PRESENTATION

 

VIDEO

A New Framework for Measuring Vulnerability: CDB's Recovery Duration Adjuster from Caribbean Development Bank on Vimeo.