世界银行（WBG）：2026从风险到韧性：助力南亚民众与企业适应力提升研究报告（英文版）（386页）.pdf

1、S o u t h A s i a D e v e l o p m e n t M a t t e r sFrom Risk to ResilienceHelping People and Firms Adapt in South AsiaMegan Lang,Jonah Rexer,Siddharth Sharma,and Margaret Triyana,EditorsAdvance praise for From Risk to ResiliencePoor people are poor because markets fail them and governments fail th

2、em.Governments intervene to correct market failures,such as externalities or public goods,but these,in turn,create government failures,such as unaccountable service providers or elite capture of public resources.The challenge of poverty reduction is to design actions that correct government failures

3、 without recreating the market failures the policies were meant to address,and vice-versa.These principles underpin this remarkable and refreshing book on climate adaptation in South Asia,the most vulnerable region on the planet.The book starts by asking how the private sectorhouseholds and firmsis

4、adapting to higher temperatures and more frequent extreme-weather events.The authors motivation,namely that all South Asian governments lack fiscal space and,therefore,the private sector should undertake adaptation,is not necessary.Even if these governments had fiscal surpluses,the private sector sh

5、ould lead because there is no obvious market failure in adaptation.When a firm installs a ceiling fan or a household reinforces its walls,the firm or household benefits.As the report shows,firms and households are undertaking such adaptation measures.But these people may not have access to the most

6、up-to-date information about rising heat or storm frequency.This information is a public good and so there is a case for the government to provide it at this stage.However,once this information becomes mainstreamed,there is no need for the government to be involved,just as financial investors get th