The Philippines' geographic position and condition of archipelago make it a hotspot for natural disasters. Situated near the Pacific Ring of Fire and west of the Pacific Ocean, the nation of Southeast Asia is prone to various natural disasters, many of which are made worse by climate change. Among many other things, these risks include volcanic eruptions, earthquakes, storm surges, floods, and droughts. Innovating toward resilience Coming up with ideas for resilience The way we plan, construct, and run our communities and structures can be made more resilient by putting in place the right safeguards and mitigating measures. With this strategy, the effects of natural disasters on the economy can be mitigated while also protecting human life. The International Finance Corporation acknowledges that disaster effects can be significantly reduced even though we are unable to completely e...