DISASTER RISK DRR FRAMEWORK COUNTRIES & REGIONS THEMES HAZARDS RESOURCES
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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.

Bangladesh declares lightning strikes a disaster as deaths surge

22 Jun 2016, TRF

Bangladesh has seen a near-record breaking 261 deaths so far this year from lightning strikes. The phenomemon is expected to increase by 50 percent by the end of the century. The problem has prompted Bangladesh's government to add lightning strikes to the country's list of official types of disasters. As a result, the government now compensates victims families.


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.

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