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This report presents the results of the Sectoral Recovery Capacity Assessment (SRCA) undertaken in Grenada to assess the capacity of the country’s housing sector to plan, design, implement, monitor, and evaluate resilient and inclusive recovery projects. Housing was selected as the priority sector for the SRCA by the Government of Grenada due to its eco…
This study to undertake a macro-economic and social assessment of the effects of Hurricane Ivan on the performance of the Grenadian economy in the short, medium and long term, was initiated as a result of a visit by the Director General of the Organization of Eastern Caribbean States, to the Prime Minister Dr. the Hon. Keith Mitchell, on 10 September -…
The assessment analysed and computed the direct and indirect effects of Emily on the economy. This allowed the team to project the impact of the damages on overall macro economic performance and to identify recommendations as the basis to guide the continued rehabilitation and recovery of the economic, social and environmental sectors. Every attempt was…
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This paper explains the excess rainfall parametric insurance product of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) and Swiss Re Excess Rainfall (XSR), which helps to mitigate the short-term cash flow problems small developing economies suffer after major natural disasters. The product is aimed primarily at extreme high rainfall events of…
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Technical paper series no 1: This paper explains the parametric insurance system of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) in the event of a hurricane or an earthquake. The paper explains the differences between parametric insurance systems and indemnity-based systems, how payments are calculated, and the CCRIB catastrophe model.…
This desk review recognizes the importance of evidence-based approaches to disaster risk management (DRM), and aims at evaluating gender-responsive disaster preparedness and recovery efforts in the nine CFR Caribbean countries: Antigua and Barbuda, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, and Suriname. T…
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Hurricane Ivan struck Grenada with full force on September 7, 2004. The storm was well organized with a sharply defined eye. At that time, the storm was rated as category 3 on the Safford-Simpson scale. Hurricane Ivan affected the entire island of Grenada. The vase majority of the severe damage was experienced in the southern portion of the island belo…

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