DRR FRAMEWORK COUNTRIES & REGIONS THEMES & ISSUES HAZARDS PROFESSIONAL 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.

Mali's farmers count on national fund to expand climate insurance

23 Apr 2015, TRF

Climate-linked agriculture risks faced by Mali's farmers should be covered by a national fund being set up by Mali's government and due to start operating this year, according to Ibrahima Coulibaly of the CNOP, a federation of Malian farmers' organisations. Mali is located in a region that is expanding disaster risk insurance. The African Union announced in January that a pan-African insurance scheme would pay out $25 million in drought insurance claims to three countries in the Sahel...


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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