On 25 April 2015, an earthquake with a magnitude of 7.8 on the Richter
scale struck Nepal. This was followed on May 12th by a second earthquake
with a 7.3 magnitude. These earthquakes killed more than 8000 people.
The initial damage estimates ranged from $6 billion to $10 billion,
although these estimates could go much higher.
According to a report published by the National Planning Commission, the
earthquake caused 498,852 homes to be destroyed and an additional
256,697 damaged. Of all of the damage and losses, half were in housing.
The report considered all of these dwellings to be in the private
Rather than focusing on how to reconstruct that portion of Nepal that
was damaged in the earthquake, the purpose of this document is to look
to the future, with a particular emphasis on how the private sector can
be stimulated to take action in non-earthquake impacted areas so that an
effective strategy can be taken to prevent such devastating losses in
the future. It examines the questions: How can the private sector be
engaged and profitably involved in building and improving safe
structures in Nepal? What can be done to establish the framework and
create the proper incentives? What lessons can be learned from other
countries, especially from those that have large sections of their
populations on low, informally earned incomes?
This report has been produced for Evidence on Demand with the assistance
of the UK Department for International Development (DFID) contracted
through the Climate, Environment, Infrastructure and Livelihoods
Professional Evidence and Applied Knowledge Services (CEIL PEAKS)
programme, jointly managed by DAI (which incorporates HTSPE Limited) and
IMC Worldwide Limited.
Peppercorn, I.G. Building better and safely: stimulating the private sector for sustainable solutions in Nepal. Evidence on Demand, UK (2016) v + 42 pp. [DOI: 10.12774/eod_hd.marchr2016.peppercorni]