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Insurance & Risk Transfer

Financial mechanisms formulated to reduce vulnerability to disasters by employing structured instruments such as insurance policies and catastrophe bonds which spread risks in exchange for a premium.

Photo by Flickr user Dax Ward CC BY 2.0 https://www.flickr.com/photos/daxward/24097358150

Thailand: ADB supports disaster risk management, financial inclusion projects

4 Feb 2016, ADB

'Since the severe floods of 2011, the Government of Thailand has carried out several high level flood control schemes. The disaster risk management project aims to help reduce risks further by supporting greater community involvement in activities such as flood preparedness, response, and post-flood recovery,' said James Nugent, Director General of ADB’s Southeast Asia Department...

Extracts of progress reports by progress indicator on the implementation of the Hyogo Framework for Action
  • Indicator 4.1 [PDF, 104Kb]Disaster risk reduction is an integral objective of environment related policies and plans, including for land use natural resource management and adaptation to climate change
  • Indicator 4.2 [PDF, 102Kb]Social development policies and plans are being implemented to reduce the vulnerability of populations most at risk
  • 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.