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Innovation in Disaster Risk Financing for Developing Countries

2011
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Release : 2011
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Book Synopsis Innovation in Disaster Risk Financing for Developing Countries by : Weltbank

Download or read book Innovation in Disaster Risk Financing for Developing Countries written by Weltbank. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: This report aims to advance the dialogue on creative, forward-looking solutions for developing countries by presenting recent innovations on disaster risk financing and insurance developed by the private markets as well as the international donor community, from the macro (government) level down to the micro (household) level. It discusses how these innovations can be adapted and implemented in developing countries to better protect efficiently those countries against the financial consequences of natural disasters. Section one provides an introduction to the economic and fiscal impacts of natural disasters on developing countries. Section two examines examples of innovation in the private insurance and capital markets that may have applications in sovereign disaster risk financing for developing countries. Section three examines how innovations coming out of mature property catastrophe risk insurance (PCRI) markets could serve in low and middle-income countries. Section four considers how innovation is taking seed in creative disaster micro insurance programs in low- and middle-income countries. Section five wraps up the report with brief concluding remarks.

Innovation in Disaster Risk Financing for Developing Countries

2011 Electronic book
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Release : 2011
Genre : Electronic book
Kind : eBook
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Book Synopsis Innovation in Disaster Risk Financing for Developing Countries by :

Download or read book Innovation in Disaster Risk Financing for Developing Countries written by . This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt:

Catastrophe Risk Financing in Developing Countries

2009 Political Science
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Release : 2009
Genre : Political Science
Kind : eBook
Book Rating : 361/5 ( reviews)

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Book Synopsis Catastrophe Risk Financing in Developing Countries by : J. David Cummins

Download or read book Catastrophe Risk Financing in Developing Countries written by J. David Cummins. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: 'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.

Financing Investment in Disaster Risk Reduction and Climate Change Adaptation

2022-09-01 Nature
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Release : 2022-09-01
Genre : Nature
Kind : eBook
Book Rating : 246/5 ( reviews)

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Book Synopsis Financing Investment in Disaster Risk Reduction and Climate Change Adaptation by : Mikio Ishiwatari

Download or read book Financing Investment in Disaster Risk Reduction and Climate Change Adaptation written by Mikio Ishiwatari. This book was released on 2022-09-01. Available in PDF, EPUB and Kindle. Book excerpt: As the population is growing and urbanization is progressing, higher numbers of people are exposed to disaster risks, especially in the developing countries. Climate change is further worsening the impacts of existing risks and introducing new ones. It is imperative that countries need to invest more in disaster risk reduction (DRR) as well as climate change adaptation (CCA) not only to minimize their impacts but also to build resilience. To date, various international arenas have recommended increasing investment in DRR. The Sendai Framework for DRR, adopted by the UN member states in 2015 during the Third UN World Conference on DRR, emphasizes investment as a priority for decreasing disaster risks and losses. The Yangon Declaration set the goal of doubling investment to address water-related disasters. However, most countries are not able to proactively invest enough in DRR. Understanding the current scale and estimate of investment and its effects is crucial for promoting DRR investment, but such information and estimates are rarely available. This book examines the current investment trends and issues in DRR and CCA. Based on specific case studies, field data and evidence, the book identifies challenges in increasing investment and recommends various investment policies and innovative approaches to sustainable progress towards a resilient future. Chapter 12 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Financing Disaster Risk Reduction in Asia and the Pacific

2020-12-01 Social Science
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Release : 2020-12-01
Genre : Social Science
Kind : eBook
Book Rating : 353/5 ( reviews)

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Book Synopsis Financing Disaster Risk Reduction in Asia and the Pacific by : Asian Development Bank

Download or read book Financing Disaster Risk Reduction in Asia and the Pacific written by Asian Development Bank. This book was released on 2020-12-01. Available in PDF, EPUB and Kindle. Book excerpt: Disaster events impact Asia and the Pacific more than any other region in the world. In light of current and future climate and disaster risks, there is an urgent need to address the region’s underinvestment in disaster risk and reduction. This publication aims to guide policy makers and other stakeholders on how to scale up disaster risk reduction financing in developing member countries of the Asian Development Bank. It provides an overview of financing opportunities—including instruments and mechanisms—as well as country case studies and practical tips for governments to implement enhanced disaster risk reduction.

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