This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to … governments for funding disaster losses. The framework can be used by governments to help choose between different financial … disaster losses, taking into account the risk of disasters, economic conditions, and political constraints. The paper discusses …

paper reviews the micro-level evidence of disaster impacts on the livelihoods of the poorest households. The evidence …

help resolve these commitment problems. Using a simple model of disaster risk finance is used to identify three distinct … illustrates how these commitment problems play out using examples from around the world, and demonstrates where risk transfer …

When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from … examine sovereign disaster risk insurance, increased taxation, and budget reallocation as alternative financing mechanisms for …

Many ex ante measures taken to reduce disaster risk can deliver co-benefits that are not dependent on disasters … to the main objective of disaster risk management of avoiding disaster losses, but identifying and measuring additional … co-benefits can enhance the attractiveness of disaster risk management investments. Co-benefits are often economic, such …

The welfare impact of a disaster does not depend only on the physical characteristics of the event or its direct … reduce direct impacts (disaster risk reduction actions) and measures to reduce indirect impacts (resilience building actions) …

account. The changes of interest are those that would take place under a given sovereign disaster risk financing and insurance …

plains), this paper shows that rapid development in these areas -- and the resulting increase in disaster losses -- may be … the consequence of a rational and well-informed trade-off between lower disaster losses and higher productivity. With … disasters possibly becoming less frequent but increasingly destructive in the future, average disaster losses may grow faster …

disaster." However these assessments are based on different methodologies and approaches, and they often reach different … results. Besides methodological differences, these discrepancies are due to the multi-dimensionality in disaster impacts and … disaster, and emphasizes the most important mechanisms that explain and determine this cost. It does so by first explaining why …