FONDEN--Mexico’s National Disaster Fund : An Evolving Inter-Institutional Fund for Post-Disaster Expenditures

FONDEN--Mexico’s National Disaster Fund : An Evolving Inter-Institutional Fund for Post-Disaster Expenditures

Fund for Natural Disasters (FONDEN) is a financial vehicle that ensures the GoM has adequate financial capacity following natural disasters. FONDEN builds on its inter-institutional framework, requiring collaboration between federal ministries and...

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Bibliographic Details
Main Author: World Bank
Format: Brief
Language:English
en_US
Published: Washington, DC 2015
Subjects:
INSURANCE
LOSS
RISKS
EMERGENCY
RISK INSURANCE
DISASTER RISK
RELIEF
RISK
RISK REDUCTION
NATURAL DISASTER
INDEMNITY
DISASTER RESPONSE
INCOME
DISASTER RISKS
FLOODS
LOSSES
BANK
DISCIPLINE
AGRICULTURAL INSURANCE
LAW
RESOURCE ALLOCATION
PROGRAMS
INFORMATION
RISK MANAGEMENT
NATURAL DISASTERS
MONITORING
DECLARATION
DAMAGE
DISASTERS
EMERGENCY RESPONSE
STANDARDS
DISASTER
EMERGENCY RELIEF
COVERAGE
DISASTER PREVENTION
INSURANCE COVERAGE
FIDUCIARY
RISK TRANSFER
FINANCE
RECONSTRUCTION
EFFICIENCY
INNOVATIONS
MANAGEMENT
PREMIUMS
Online Access:http://documents.worldbank.org/curated/en/2015/07/24794188/fonden-mexico’s-national-disaster-fund-evolving-inter-institutional-fund-post-disaster-expenditures
http://hdl.handle.net/10986/22417
Description
Summary:Fund for Natural Disasters (FONDEN) is a financial vehicle that ensures the GoM has adequate financial capacity following natural disasters. FONDEN builds on its inter-institutional framework, requiring collaboration between federal ministries and affected State governments. FONDEN continues to evolve, leveraging its resources with innovative market-based risk transfer instruments to increase funding in extreme loss years.

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