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When drought indicators in Lao PDR cross a defined level, money moves. That is the core logic behind a new anticipatory drought insurance pilot launched May 29, 2026.
Nepal considers implementing its own national earthquake insurance scheme, modeled after the one in New Zealand.
A new study warns that Japan’s earthquake loss potential averages to over $20 billion per year, in spite of the building code revisions implemented after each major event.
The UK Environment Agency is working to ensure flood resilience via resilient upgrades, risk-informed investment and affordable insurance.
A new earthquake-proof building technology from New Zealand was successfully tested and is now being used in new buildings like hospitals.
While western Canada is prepared for an earthquake both in terms of contingency plans and insurance coverage, eastern provinces are not as ready because a lower earthquake hazard translates to less public awareness. Given that in Quebec alone 70% of the population resides in seismic regions, the lack of preparation could have damaging consequences.
'Insurers have a huge influence, whether as providers of risk transfer solutions, or by accurately pricing risk which guides business and governments to make appropriate investment decisions,' said Serena Brown, senior manager with the global development initiative at KPMG International...
Voluntary Commitments
The organization has no registered commitments.
The Sendai Framework Voluntary Commitments (SFVC) online platform allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.