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Synopsis
This report outlines how the Central Asia Regional Economic Cooperation Program could set up a disaster risk transfer facility to help members strengthen risk management.
The CAREC region is highly exposed to natural hazards, particularly earthquakes and floods, and the adverse economic impacts of climate change. A regional disaster risk transfer facility could help CAREC countries diversify risk, reduce costs, increase access to international insurance and capital markets, and coordinate risk analysis and modeling. This report draws on lessons from other regions to explore opportunities and options for developing a CAREC Risk Facility. It suggests next steps in establishing a facility and considers the role of stakeholders including the Asian Development Bank.
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Road Map to Developing a Regional Risk Transfer Facility for CAREC (Paperback or Softback)
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Asian Development Bank 11/20/2023, 2023
ISBN 10: 9292704419
ISBN 13: 9789292704414
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Road Map to Developing a Regional Risk Transfer Facility for CAREC
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Road Map to Developing a Regional Risk Transfer Facility for CAREC
Published by
Asian Development Bank, 2023
ISBN 10: 9292704419
ISBN 13: 9789292704414
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This report outlines how the Central Asia Regional Economic Cooperation Program could set up a disaster risk transfer facility to help members strengthen risk management.The CAREC region is highly exposed to natural hazards, particularly earthquakes and floods, and the adverse economic impacts of climate change. A regional disaster risk transfer facility could help CAREC countries diversify risk, reduce costs, increase access to international insurance and capital markets, and coordinate risk analysis and modeling. This report draws on lessons from other regions to explore opportunities and options for developing a CAREC Risk Facility. It suggests next steps in establishing a facility and considers the role of stakeholders including the Asian Development Bank. Seller Inventory # 9789292704414