Download or read book Natural Catastrophe Risk Insurance Mechanisms for the Asia and Pacific Region financed by the Japan Special Fund written by Asian Development Bank and published by . This book was released on 2008 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Natural Catastrophe Risk Insurance Mechanisms for the Asia and Pacific Region financed by the Japan Special Fund written by N. Britton and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-01-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural catastrophes are a major threat to sustainable development, especially in Asia and the Pacific. The developing member countries of the Asian Development Bank (ADB) are particularly vulnerable. Catastrophe risk could be transferred through a regional public-private insurance partnership. This is the key finding of the ADB Conference on Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific held in Tokyo in November 2008. This report answers questions on disaster risk management and how ADB can ease access to catastrophe risk transfer mechanisms. It suggests a regional approach as an appropriate mechanism to unlock resources needed to better manage risk.
Download or read book Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific written by Asian Development Bank and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Natural catastrophes are a major threat to sustainable development, especially in Asia and the Pacific. ADB's developing member countries are particularly vulnerable. Catastrophe risk could be transferred through a regional public-private insurance partnership. This is the key finding of the Asian Development Bank Conference on Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific held in Tokyo in November 2008. This report answers questions about disaster risk management and shows how ADB can ease access to catastrophe risk transfer mechanisms. It also suggests that a regional approach is an appropriate mechanism to bridge existing gaps and to unlock resources needed to better manage risk." --Publisher.
Download or read book Financing Disaster Risk Reduction in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-12-01 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disaster events impact Asia and the Pacific more than any other region in the world. In light of current and future climate and disaster risks, there is an urgent need to address the region’s underinvestment in disaster risk and reduction. This publication aims to guide policy makers and other stakeholders on how to scale up disaster risk reduction financing in developing member countries of the Asian Development Bank. It provides an overview of financing opportunities—including instruments and mechanisms—as well as country case studies and practical tips for governments to implement enhanced disaster risk reduction.
Download or read book Sovereign Natural Disaster Insurance for Developing Countries A Paradigm Shift in Catastrophe Risk Financing written by Francis Ghesquiere and published by World Bank Publications. This book was released on 2007 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Economic theory suggests that countries should ignore uncertainty for public investment and behave as if indifferent to risk because they can pool risks to a much greater extent than private investors can. This paper discusses the general economic theory in the case of developing countries. The analysis identifies several cases where the government's risk-neutral assumption does not hold, thus making rational the use of ex ante risk financing instruments, including sovereign insurance. The paper discusses the optimal level of sovereign insurance. It argues that, because sovereign insurance is usually more expensive than post-disaster financing, it should mainly cover immediate needs, while long-term expenditures should be financed through post-disaster financing (including ex post borrowing and tax increases). In other words, sovereign insurance should not aim at financing the long-term resource gap, but only the short-term liquidity need.
Download or read book Natural Catastrophe Risk Insusrance Mechanisms for the Asia and Pacific Region written by and published by . This book was released on 2008 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Asia Pacific Disaster Management written by Simon Butt and published by Springer Science & Business Media. This book was released on 2013-10-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book outlines the regulatory environment for disaster prevention and management in broad social, economic and political context. The first half of the book focuses mainly on Japan, especially the ‘3-11’ events: the earthquake and tsunami that devastated the Tohoku area on 11 March 2011 and the Fukushima Daiichi nuclear power plant radiation leaks. The second half focuses on the USA (the only other Asia-Pacific country to have experienced a serious nuclear emergency), Indonesia, China, New Zealand, Australia and international law. One question explored is whether socio-legal norms play different roles in preventing and managing responses to natural disasters compared to ‘man-made’ disasters. Another is how ‘disaster law’ interacts with society across very diverse societies in the disaster-prone Asia-Pacific region. The book also addresses the increasingly important roles played by international law and regional regimes for cross-border cooperation in disaster prevention and relief, including the functions played by military forces. Erudite, pragmatic, and charged with detailed, substantive knowledge of an astonishing range of contexts and research fields, this timely collection of important essays on the law and society of disaster management stands as an exemplary international academic response to the disasters of 11 March 2011. (Annelise Riles)
Download or read book Disaster Resilient Infrastructure written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-04-01 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure has played a critical role in Asia and the Pacific’s rapid economic growth. Roads, bridges, and power networks, among other assets, are part of people’s daily lives, and a foundation for their economic opportunity. But increasing disaster risks and climate change is forcing us to rethink how we manage infrastructure. This publication identifies opportunities to deliver resilient infrastructure across developing Asia. It takes a holistic view of practices that affect infrastructure resilience, including risk assessment, investment appraisal, and operation and maintenance across the life cycle of an asset, as well as overarching approaches to achieving system-wide resilience, financing, and governance objectives.
Download or read book Catastrophe Risk Financing in Developing Countries written by J. David Cummins and published by World Bank Publications. This book was released on 2009 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.
Download or read book Natural Disaster Management in the Asia Pacific written by Caroline Brassard and published by Springer. This book was released on 2014-11-18 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asia-Pacific region is one of the most vulnerable to a variety of natural and manmade hazards. This edited book productively brings together scholars and senior public officials having direct experience in dealing with or researching on recent major natural disasters in the Asia-Pacific. The chapters focus on disaster preparedness and management, including pre-event planning and mitigation, crisis leadership and emergency response, and disaster recovery. Specific events discussed in this book include a broad spectrum of disasters such as tropical storms and typhoons in the Philippines; earthquakes in China; tsunamis in Indonesia, Japan, and Maldives; and bushfires in Australia. The book aims to generate discussions about improved risk reduction strategies throughout the region. It seeks to provide a comparative perspective across countries to draw lessons from three perspectives: public policy, humanitarian systems, and community engagement.
Download or read book Resilience and Recovery in Asian Disasters written by Daniel P. Aldrich and published by Springer. This book was released on 2014-10-06 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book establishes a new, holistic framework for disaster recovery and mitigation, providing a multidisciplinary perspective on the field of risk management strategies and societal and communal resilience. Going beyond narrow approaches that are all too prevalent in the field, this work builds on an optimum combination of community-level networks, private market mechanisms and state-based assistance strategies. Its chapters describe best practices in the field and elucidate cutting-edge research on recovery, highlighting the interaction between government, industry and civil society. The book uses new data from a number of recent disasters across southeast and east Asia to understand the interactions among residents, the state, and catastrophe, drawing on events in Malaysia, Vietnam, Cambodia, Japan, China and Thailand. Grounded in theories of risk mitigation and empirical research, the book provides practical guidance for decision makers along with future research directions for scholars. The Asian region is highly prone to natural disasters which devastate large and mostly poor populations. This book deals with some of the root issues underlying the continued vulnerability of these societies to catastrophic shocks. The book is unusual in that it comprehensively covers resilience and fragilities from community levels to market mechanisms and governance and it analyses these issues in very different economic and structural settings. Recommended for development and disaster risk managers—without question. Professor Debarati Guha-Sapir Director, Centre for Research on the Epidemiology of Disasters (CRED); Professor, University of Louvain, Research Institute Health and Society.
Download or read book Investing in Resilience written by Asian Development Bank and published by Asian Development Bank. This book was released on 2013-01-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in Resilience: Ensuring a Disaster-Resistant Future focuses on the steps required to ensure that investment in disaster resilience happens and that it occurs as an integral, systematic part of development. At-risk communities in Asia and the Pacific can apply a wide range of policy, capacity, and investment instruments and mechanisms to ensure that disaster risk is properly assessed, disaster risk is reduced, and residual risk is well managed. Yet, real progress in strengthening resilience has been slow to date and natural hazards continue to cause significant loss of life, damage, and disruption in the region, undermining inclusive, sustainable development. Investing in Resilience offers an approach and ideas for reflection on how to achieve disaster resilience. It does not prescribe specific courses of action but rather establishes a vision of a resilient future. It stresses the interconnectedness and complementarity of possible actions to achieve disaster resilience across a wide range of development policies, plans, legislation, sectors, and themes. The vision shows how resilience can be accomplished through the coordinated action of governments and their development partners in the private sector, civil society, and the international community. The vision encourages “investors” to identify and prioritize bundles of actions that collectively can realize that vision of resilience, breaking away from the current tendency to pursue disparate and fragmented disaster risk management measures that frequently trip and fall at unforeseen hurdles. Investing in Resilience aims to move the disaster risk reduction debate beyond rhetoric and to help channel commitments into investment, incentives, funding, and practical action
Download or read book Earthquake Insurance in Turkey written by Eugene Gurenko and published by World Bank Publications. This book was released on 2006 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication, Earthquake insurance in Turkey, is an exposition of the dangers faced by Turkey as it is located in one of the most active earthquake (EQ) and volcanic regions in the world on the one hand, and, on the other hand, the efforts that Turkey is making to alleviate the social and fiscal disasters that are caused when these calamities do strike. The persistent potential for large-scale disasters has led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP) in 1999. The main rationale for the creation of TCIP was a very low level of catastrophe insurance penetration among households. The authors stress that the four principal objectives of the program are to (1) provide earthquake insurance coverage at affordable but actuarially sound rates for all registered urban dwellings, (2) limit the government's financial exposure to natural disasters, (3) build long-term catastrophe reserves to finance future earthquake losses, and (4) encourage risk reduction and mitigation practices in residential construction. The book points out that the program has reduced significantly the government's fiscal exposure to EQ risk. In five years, the TCIP transformed itself from an unknown and controversial government-sponsored program to one of the most trusted brand names in the Turkish insurance industry. Moreover, it has led the World Bank to rethink the roles of ex-ante risk management relative to ex-post donor support. In this context, the World Bank supported Turkey's earthquake insurance program to establish and expand national catastrophic risk management and risk transfer capabilities. The authors conclude that the TCIP's success has brought it worldwide recognition. Inspired by the TCIP's example, more than a dozen countries, including China, Colombia, Greece, India, the Islamic Republic of Iran, Italy, the Philippines, Romania, and nine island states of the Caribbean have begun technical and legislative preparation of catastrophe insurance programs.
Download or read book Building Resilience in Developing Countries Vulnerable to Large Natural Disasters written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2019-06-19 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses how countries vulnerable to natural disasters can reduce the associated human and economic cost. Building on earlier work by IMF staff, the paper views disaster risk management through the lens of a three-pillar strategy for building structural, financial, and post-disaster (including social) resilience. A coherent disaster resilience strategy, based on a diagnostic of risks and cost-effective responses, can provide a road map for how to tackle disaster related vulnerabilities. It can also help mobilize much-needed support from the international community.
Download or read book The Development Dimension Fostering Catastrophe Bond Markets in Asia and the Pacific written by OECD and published by OECD Publishing. This book was released on 2024-02-14 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explores each of these conditions along with policy suggestions for fostering them, and discusses the development of multi-country CAT bonds in Asia and the Pacific.
Download or read book Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation written by Intergovernmental Panel on Climate Change and published by Cambridge University Press. This book was released on 2012-05-28 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.
