IMPROVING THE ASSESSMENT OFDISASTER RISKSTO STRENGTHENFINANCIAL RESILIENCE
A Special Joint G20 Publication bythe Government of Mexicoand the World Bank
Improving the Assessment o Disaster Risks to Strengthen Financial Resilience
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Improving the Assessment of Disaster Risks to Strengthen Financial Resilience
In 2011, the world witnessed record losses, estimated at up to US$380 billion, from disasters caused by natural hazards. Recent events have shown that no country―rich or poor―is immune to natural hazards. Addressing these rising losses…
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In 2011, the world witnessed record losses, estimated at up to US$380 billion, from disasters caused by natural hazards. Recent events have shown that no country―rich or poor―is immune to natural hazards. Addressing these rising losses is compelling leaders to develop more active approaches to disaster risk management. For this, countries need access to accurate risk information, to assess and integrate risk into decision-making and development planning. Information about risk is also useful to develop risk financing strategies that allow countries to increase their response capacity after disasters, while protecting their fiscal balance. Responding to a G20 request, this joint Publication by the Government of Mexico and the World Bank brings together the experiences of G20 and developing countries in strengthening financial resilience to protect their populations and assets. It includes contributions by Argentina, Australia, Brazil, Chile, China, Colombia, France, Germany, Italy, Japan, Republic of Korea, Mexico, Turkey, United Kingdom, United States, and the OECD.
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