The paper focuses on financing and institutional arrangements for dzud. It seeks to encourage a more coordinated, predictable, timely and targeted approach to dzud on the part of both the Government of Mongolia (GoM) and its development partners, based on an analysis of the 2009-2010 dzud response efforts. The paper also explores the scope for […]
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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
Review of current funding mechanisms for disaster preparedness in Nepal and analysis of opportunities for improved risk financing in the future. Emergency preparedness financing in Nepal: desk review, September 2011 http://www.devinit.org/wp-content/uploads/Nepal-case-study-final.pdf
Emergency preparedness financing in Nepal: desk review Read More »
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
Feasibility Study for Agricultural Insurance in Nepal Read More »
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
Bolivia: Fondo de Mitigación del Riesgo Agrícola (FMRA) Read More »
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
Turkey: Addressing private risks – the Turkey Catastrophe Insurance Pool (TCIP) Read More »
The CCRIF is a regional insurance facility owned and operated by 16 Caribbean governments. The facility insures the governments against the impacts of catastrophic hurricanes and earthquakes and allows them to access liquidity on short notice using parametric triggers. For earthquakes the triggers are based on USGS data on the location, intensity, and likelihood of
“As part of its disaster risk management efforts, the Federal Government of Mexico established the Fund for Natural Disasters FONDEN to support disaster relief and reconstruction. FONDEN was originally established as a budgetary tool through which federal funds were annually allocated for expenditure on post-disaster response. Since then, FONDEN has evolved significantly; changes to its
Mexico’s Natural Disaster Fund – A Review Read More »
Risk Transfer and Disaster Management Risk transfer enables the amortizing, or spreading, of financial risk over time and across a pool of clients, thus limiting the exposure of individual people or organizations to catastrophic losses due to disaster events. As such it is a key component of disaster risk management, but one that must be
Risk Transfer and Disaster Management Read More »