Exploring systemic risk management as a contribution to the HDP nexus

25th January 2023

Exploring systemic risk management as a contribution to the HDP nexus

There is growing interest in understanding and acting on the intersection of risks from disaster management, climate, peacebuilding and development perspectives. The humanitarian-development-peace (HDP) nexus seeks to galvanise action in light of persistently high humanitarian needs and overlapping crises across economic, environmental, human, political, security, and societal dimensions - and particularly in the context of the '3Cs' of Covid-19, climate change and conflict.

In its Humanitarian-Development-Peace Nexus Interim Progress Review in 2022, the Organisation for Economic Cooperation and Development (OECD) identified the need for enhanced action on natural hazard-related (including climate-related) disaster risks within the peace and security agenda. With the financial support of GIZ on behalf of BMZ, ODI has been making progress towards this goal: by exploring the viability of strengthening disaster risk management in fragile and conflict-affected contexts – and by implication achieving dual disaster risk reduction (DRR) and peacebuilding outcomes – through a body of work entitled ‘When disasters and conflict collide’ (Peters, 2019).

In this latest report, ODI proposes a set of priorities to: enhance HDP nexus action, explore the use of systemic risk management within the HDP nexus, and address the neglected DRR–peacebuilding links within the HDP nexus, with systemic risk management as one of a number of entry points for enhancing collaboration.

Report by the Overseas Development Institute