Financing Post-Disaster Recovery and Reconstruction Operations : Developing an Institutional Mechanism to Ensure the Effective Use of Financial Resources
This guidance note provides policy makers with an operational framework to establish an institutional mechanism for financing post-disaster recovery and reconstruction operations. It is based on international experience, in particular that of Mexic...
| Main Author: | |
|---|---|
| Format: | Brief |
| Language: | English en_US |
| Published: |
Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24794186/financing-post-disaster-recovery-reconstruction-operations-developing-institutional-mechanism-ensure-effective-use-financial-resources-guidance-note http://hdl.handle.net/10986/22418 |
| Summary: | This guidance note provides policy
makers with an operational framework to establish an
institutional mechanism for financing post-disaster recovery
and reconstruction operations. It is based on international
experience, in particular that of Mexico due to its
pioneering initiatives to develop comprehensive disaster
risk management programs, including the fiscal management of
disaster risks. The guidance note consists of six key steps
to ensure effective procedures for resource mobilization,
allocation, and execution. It serves as an outline for a
series of six short notes, provided separately, which offer
further detail on each of the six key steps. The six
accompanying short notes provide guidance to: (i) quantify
(implicit and explicit) contingent liabilities associated
with natural disasters; (ii) formalize the process for
declaration of disasters and financing contingent
liabilities; (iii) clarify post-disaster financial
responsibilities of the central and local governments; (iv)
mobilize resources ex-ante through a DRM fund and financial
protection strategy; (v) allocate resources based on damage
and loss assessment methodology; and (vi) execute resources
and coordinate efforts across the post-disaster recovery and
reconstruction process. |
|---|