The Global Rapid Post-Disaster Damage Estimation (GRADE) approach
The session will provide training on the Global Rapid Post-disaster Damage Estimation (GRADE) approach developed by the World Bank for those interested in adopting the approach. The approach is designed to provide an initial rapid estimation within 2 weeks of the physical post-disaster damage in terms of economic damage incurred.
The session will present practical experiences from past events and highlight some of the outputs of GRADE that include a) aggregated direct and indirect damage estimations by economic sector,
b) potential impacts on gross domestic product (GDP) and the economy, and
c) estimations of human casualties (in the case of earthquakes). The approach is increasingly and consistently being highlighted as an integral tool in rapid post-disaster response.
Organizer: World Bank