SE6: Risk Financing and Insurance - The World Bank Group's Menu of Instruments
- ID: SE6
- Date & Time: Tuesday 16 June (13:30 - 15:00)
- Room: 16
- Participation: Open
- Organizer: World Bank
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Facilitators:
Francis Ghesquiere, Lead Disaster Risk Mgt. Specialist, The World Bank
Presentation: A general Framework for Risk Financing (15’) - Focal Point: rlindholm (at) worldbank.org, ajha (at) worlbank.org
Description
Governments often face a shortage of funds in the aftermath of a catastrophic event. Lack of emergency funds can lead to delays in recovery and reconstruction operations and can have substantial fiscal and developmental implications for low and middle-income countries. The World Bank Group has developed a number of instruments to help country better address resource needs in the face of natural disasters. The World Bank Group is increasingly working with member countries to structure ex-ante risk financing strategies to help countries protect their fiscal balance against natural disasters. It also advises governments on how to integrate the various dimensions of such strategies (legal, institutional, financial engineering, etc.). This session will provide participants with a general framework on how to structure risk financing strategies and provide example of ongoing risk financing programs recently.
Background Papers
> Risk financing and insurance: The World Bank Group's menu of instruments [PDF, 9.48 Kb]
Presentations
Outcomes
Report not available. For more information, please contact directly the relevant Focal Point (as per above details).
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