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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.

British Virgin Islands: More agreements signed with disaster management stakeholders

25 Jun 2015, DDM, BVI

'As a Government, we cannot always provide all of the resources needed to manage and operate a disaster management programme. We must also look to forge partnerships with stakeholders in the private sector, locally, regionally and internationally. One way to solidify these partnerships is to enter into mutually beneficial agreements,' stated Governor John S. Duncan, OBE, Chair of the NDMC...

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.