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Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster … response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing … have the potential to significantly enhance and boost systems for financial resilience against disaster shocks. Development …
Persistent link: https://www.econbiz.de/10012646437
Over the period 2019-21, Albania had to confront dual shocks: the 2019 earthquake and the COVID-19 pandemic. Both had sizable impacts on the country's economy. The COVID-19 pandemic took a heavy toll on an economy already affected by the earthquake in 2019. Key sectors were put in lockdown in...
Persistent link: https://www.econbiz.de/10013414016
, 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 disaster risk are consistent with law 34 of June 5, 2008, the law on … incorporates a number of important lessons learned from international experience: (i) include disaster risks as part of an …
Persistent link: https://www.econbiz.de/10012564414
The post disaster needs assessment (PDNA) assesses the impact of the April 25, 2015 earthquake in Nepal and defines a … of infrastructure, increased or new demands (operational costs) due to the disaster, lost revenues, higher expenditures …
Persistent link: https://www.econbiz.de/10012564757
analysis of the costs and benefits of selected disaster risk management (DRM) investments', with the aim to showcase the … benefits of investing in the prevention of disaster risks. The objective of this report is to provide EU Member States …/Participating States (MS/PS) and UCPM members with consolidated analysis and information on the economic value of investing in disaster and …
Persistent link: https://www.econbiz.de/10012700719
opportunities for civil protection (CP) agencies to leverage investments for disaster prevention and preparedness. This report draws … opportunities from the perspective of fourteen countries with diverse disaster risk management (DRM) systems, financial mechanisms …
Persistent link: https://www.econbiz.de/10012700720
expenditures and financial risks. Understanding the impacts of disaster risk on sovereign assets and liabilities plays a key part … in understanding the potential impact of sovereign disaster risk finance strategies which allow governments to reduce the … Management (SALM) framework is a new and comprehensive way of looking at the potential impact of a disaster on the public sector …
Persistent link: https://www.econbiz.de/10012700730
The Philippine Parametric Catastrophe Risk Insurance Program (the 'parametric program') represents a key milestone in this partnership. In July of 2017, the Philippines placed on the international financial markets a portfolio of catastrophe risk that transferred typhoon and earthquake risk from...
Persistent link: https://www.econbiz.de/10012603521
This third edition of the Zimbabwe Economic Update (ZEU) aims to provide both a current and historical background covering the pre-pandemic (2019) and pandemic (2020 to April 2021) period. The 2019-2020 period marked a very difficult time for the country as 2019 was clouded by a prolonged...
Persistent link: https://www.econbiz.de/10012603709
analysis of the costs and benefits of selected disaster risk management (DRM) investments', with the aim to showcase the … benefits of investing in the prevention of disaster risks. The objective of this report is to provide EU Member States …/Participating States (MS/PS) and UCPM members with consolidated analysis and information on the economic value of investing in disaster and …
Persistent link: https://www.econbiz.de/10012603724