This paper makes the case for why safety nets are an important tool for managing the risk of natural hazards. The use of safety nets is advocated both ex ante, to prevent and mitigate the impact of natural disaster and ex post, to cope with the impacts of natural shocks. Firstly, the paper...

Natural disasters have ahuge impact on social and economic welfare. Policies to manage them need to be integrated and well grounded to the specificities of natural hazards as well as local capacities in terms of fiscal, administrative and economic capabilities. A well designed natural disasters...

Disasters associated with the impact of natural hazards have had adverse social and fiscal effects on Panama over time, and the Government of Panama (GoP) is therefore committed to strengthening the financial management of disaster risks. Actions taken by the GoP in financial management of...

A key challenge in Nepal is the intersection of predictable chronic or seasonal poverty andvulnerability, with rapid-onset and acute shocks. Nepal in the last few decades has epitomized the'perfect storm' in which a number of different factors-disasters, conflict, political uncertainty, and...

Natural events are recurrent. Geophysical hazards such as earthquakes or volcano eruptions cannot be predicted, but it is known that where they have happened in the past, they will happen again. In the case of hydro-meteorological hazards, frequency and intensity are increased by the action of...

Breakthroughs in information and communication technology (ICT) increasingly offer new tools to support disaster risk management (DRM). Due to the rapid advancement of computing and communication devices, ICT's capacity to improve the DRM framework became a critical factor to strengthen...

Industries create jobs, catalyze investments, and bring technological advancement to a country. However, as industries expand across borders and become increasingly complex, so do their risks, including impacts from disasters and climate change. Disasters,1 including earthquakes and extreme...

Industrial activity creates jobs, catalyzes investments and innovation, and raises standards of living in many countries. As climate change, and natural disasters intensify, so too does the risk environment for industry activity. More recently, a viral pandemic has threatened industries and...

Moldova is exposed to an array of natural hazards, and their impact disproportionately affects the poor. The Government of Moldova has been strengthening institutions to better prepare for and respond to disasters. It has improved the ability to forecast severe weather, including at the local...