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Displaying 5 of about 5 resultsThis 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…
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.…
Following the significant physical damage and economic losses that this country sustained as a result of Hurricane Keith, a request for this social, environmental and economic impact assessment was submitted to the Economic Commission for Latin America and the Caribbean (ECLAC) by the Prime Minister of Belize, Hon. Said Musa, on 12 October 2000. This ap…
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…
This paper covers the scopes of recovery and resilience in Belize aiming to build on existing mechanism to enable rapid response to the COVID-19 pandemic. Belize is exceptionally vulnerable to natural hazards, climate change and economic shocks. It is greatly exposed to hurricanes, flooding, sea-level rise, coastal erosion, coral bleaching, and droughts…