DISASTER RISK DRR FRAMEWORK COUNTRIES & REGIONS THEMES HAZARDS RESOURCES
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Economics of DRR

Analysis of economic initiatives taken at any level and/or by any sector in order to improve disaster risk reduction strategies, including the direct and indirect economic impacts of disasters.

Smart contract technology for transacting a natural catastrophe swap - Pilot project

15 Jun 2016, Allianz

Allianz Risk Transfer and Nephila have successfully piloted the use of blockchain smart contract technology for transacting a natural catastrophe swap, a financial instrument which transfers a specific set of risks, typically natural disaster risks such as hurricanes or typhoons, from an insurer to investors or other insurers utilizing triggers with defined parameters.


Extracts of progress reports by progress indicator on the implementation of the Hyogo Framework for Action
  • Indicator 1.2 [PDF, 110Kb]Dedicated and adequate resources are available to implement disaster risk reduction plans and activities at all administrative levels
  • Indicator 4.3 [PDF, 93Kb]Economic and productive sectorial policies and plans have been implemented to reduce the vulnerability of economic activities
  • Indicator 5.3 [PDF, 86Kb]Financial reserves and contingency mechanisms are in place to support effective response and recovery when required.

Find or contribute curricular, extra-curricular and public awareness materials on disaster prevention and school safety for primary, secondary, vocational, community-based education and public awareness.