"... since 2010, New Zealand had incurred $64b in costs from natural hazards, at least $19b of which came from central government.
The research showed that 97% of the central government expenditure was on responding to and recovering from natural disasters, with only 3% spent on risk reduction and resilience."
#MartySharpe, 2026
#HatTip to @norightturnnz for the link (see the post above for a link to the post referencing this)
(1/2)
“The figures make it clear: we cannot afford to remain reactive. International research shows that every $1 invested in risk reduction saves at least $4 in response and recovery."
Transition Programme Business Case - Land Use Transition in Tairāwhiti, quoted by #MartySharpe, 2026
(2/2)