CCRIF SPC and the Coordination Center for the Prevention of Disasters in Central America and the Dominican Republic signed a Memorandum of Understanding on Disaster Risk Financing and CCRIF Parametric Insurance.
Caribbean Catastrophe Risk Insurance Facility, the
In 2022, around 45% of USD 275 billion in global economic losses from natural disasters were covered by insurance. We see a long-term growth trend of 5-7% in annual insured losses, mainly driven by rising loss severity of individual catastrophe events.
This toolkit better equips state-owned enterprises and regulators to drive the regulatory, policy, and institutional changes needed to ensure that SOEs consider climate change, integrate it into their operation, and disclose their strategies and actions.
This integrated state-owned enterprises framework provides guidance on assessing state-owned enterprises performance in an economy. This includes the rationale for SOEs and their economic outcomes, operational efficiency, and corporate governance.