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23 June 2022 | dataset

PCRAFI Advancing Disaster Risk FinancingInsurance In The Pacific

Pacific Island Countries (PICs) face many common challenges in their efforts to utilize disaster risk financing instruments.

The Pacific Disaster Risk Financing and Insurance (DRFI) Program under the Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) has generated discussion at a regional level in order to help countries address their common challenges.

Based on that discussion, the following recommendations have been developed for consideration. 1.) Develop an integrated disaster risk
financing and insurance strategy.

2. Develop a post-disaster budget execution
manual to improve awareness of post-disaster
procedures and processes

3. Explore the use of contingent credit to
access additional liquidity post-disaster

4. Develop an insurance program for key
public properties.

5. Develop a regional framework for DRFI.

Field Value
Publisher Pacific Data Hub
Modified 23 June 2022
Release Date 23 June 2022
Source URL https://pacificdata.org/data/dataset/39189b3f-3c1e-4cb2-b76b-6bd0f25f652e
Identifier 39189b3f-3c1e-4cb2-b76b-6bd0f25f652e
Relevant Countries
License Public
[Open Data]