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Disaster Risk Financing

A global survey of practices and challenges

image of Disaster Risk Financing

The publication provides an overview of the disaster risk assessment and financing practices of a broad range of economies relative to guidance elaborated in G20/OECD Framework for Disaster Risk Assessment and Risk Financing. The publications is based on survey responses provided by 29 economies, as well as research undertaken by the OECD and other international organisations, and provides a global overview of the approaches that economies facing various levels of disaster risk and economic development have taken to managing the financial impacts of natural and man-made catastrophes.

English

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Executive summary

Recent years have seen a range of natural and man-made catastrophes affecting a large number of both developed and developing economies around the globe. These catastrophes have generated a broad range of direct and indirect impacts on all parts of society, including loss of life and damage to public and private property and infrastructure as well as fiscal impacts arising from recovery and reconstruction expenditures and decreased tax revenues. In many economies, particularly low income economies, annual disaster losses account for a significant share of Gross Domestic Product (GDP).

English

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