Final answer:
International organizations like the World Bank and the International Monetary Fund work to reduce the human and financial costs of natural disasters through supporting early warning systems, financing community-driven development, and providing monetary aid to affected countries.
Step-by-step explanation:
The institute that attempts to reduce the human and financial cost of natural disasters is typically an international organization like the World Bank or the International Monetary Fund (IMF). These institutions engage in efforts to manage and alleviate the impact of such events on human populations. Important efforts include sponsoring community-driven initiatives, financing early warning systems, and providing funds to support various infrastructural and environmental projects that can mitigate the effects of natural disasters.
For example, the World Bank has been involved in financing protection against natural disasters such as tsunamis in Southeast Asia by supporting the installation of early warning systems. It focuses on strategies like afforestation and the preservation of natural ecosystems, such as mangrove forests, to reduce the impact of natural disasters. Its initiatives are dedicated to improving labor relations, enhancing public health services, and addressing the effects on populations due to climate change and other disruptions. Meanwhile, the IMF aids by offering financial resources to countries facing monetary challenges due to natural calamities.