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Disaster Risk Financing

Strategic directions: strengthening national platforms for disaster reduction – with experience in Kyrgyz Republic

The strategic directions on strengthening National Platforms for Disaster Risk Reduction are intended for use by all stakeholders as a guiding document or manual, which proposes a list of rational options of organizational and practical actions that aim at strengthening the capacity, increasing efficiency and effectiveness of national platforms for disaster risk reduction. The given […]

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Local and Indigenous Knowledge for Community Resilience

Coastal communities living in archipelago countries and small island states in Asia are particularly vulnerable to the impacts of hydro-meteorological hazards such as storms, droughts, landslides, and floods.  Environmental degradation such as deforestation, desertification, biodiversity loss, soil erosion, and climate change, as well as social factors such as poverty and inequality, further compound their exposure

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Natural catastrophes 2013: Analyses, assessments, positions

Natural catastrophe losses in 2013 were dominated by floods. Detailed analyses have shown that protective measures can drastically reduce losses. For example, the June 2013 floods in Germany and neighbouring countries proved to be considerably less damaging than the flooding in the summer of 2002. In 2013, some 37% of overall losses worldwide from natural

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Analysis of Disaster Risk Management in Colombia: A Contribution to the Creation of Public Policies

This World Bank report offers not only a summary of the disaster risks in Colombia but also the opportunities to articulate disaster risk management in current planning, investment and monitoring and control instruments. It makes the case for defining public and private responsibility as part of the strategy in reducing Colombia’s fiscal vulnerability in the

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Feasibility Study for Agricultural Insurance in Nepal

A feasibility study investigating the potential for agricultural insurance to be used as a financial risk transfer tool for small and marginal farmers in Nepal. The study outlines the core institutional, financial, and technical challenges to the introduction of agricultural insurance and then outlines a framework for overcoming these challenges to develop a sustainable, market-based

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Bolivia: Fondo de Mitigación del Riesgo Agrícola (FMRA)

Fundación PROFIN has developed an innovative index-based insurance scheme that has been piloted in four provinces in the North and Central Altiplano regions of Bolivia. The scheme combines incentives for pro-active risk reduction and a flexible, people-centered index mechanism. In this scheme the trigger is based on the production levels of reference plots of farmland

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Turkey: Addressing private risks – the Turkey Catastrophe Insurance Pool (TCIP)

The TCIP is an insurance pool which seeks to provide affordable insurance to homeowners, especially those in urban residential areas, and to reduce the fiscal exposure of the Turkish government by accumulating funds for future disasters, sharing portions of risk within the country, and transferring other portions of the risk to international reinsurance and capital

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