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Disaster risk assessment and risk financing

Posted on: 8 November 2012
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Filed under: News

The World Bank with the contribution from 15 other countries and the Organization for Economic Cooperation and Development (OECD) have published Disaster Risk Assessment and Risk Financing, a manual for the best practices to deal with natural disasters. The document recommends governments to concentrate on financial stability, to ensure that risks are allocated to the private sector, to establish transparent rules about distributing disaster funds and to consider ahead of time the financial implications of investing in disaster risk reduction projects.

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