Analysis of the Impact of Investments in Disaster Risk Reduction and Prevention in Mexico : Case Study of Tabasco between 2007 and 2011
In the late nineties, the Mexican Government has implemented a fiscal risk management policy for natural disasters through the creation of the Mexican fund for natural disasters (FONDEN). The case of Tabasco presents a unique opportunity to analyze...
Main Authors: | , , , , |
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/353861513851408302/Analysis-of-the-impact-of-investments-in-disaster-risk-reduction-and-prevention-in-Mexico-case-study-of-Tabasco-between-2007-and-2011 http://hdl.handle.net/10986/29105 |
Summary: | In the late nineties, the Mexican
Government has implemented a fiscal risk management policy
for natural disasters through the creation of the Mexican
fund for natural disasters (FONDEN). The case of Tabasco
presents a unique opportunity to analyze the impact of the
investments in disaster risk reduction (DRR) in Mexico. The
purpose of this report is to assess the impact of said
investments in the state of Tabasco between 2007 and 2010
and to analyze, on the basis of empirical evidence, the
effectiveness and efficiency of the implementation of risk
reduction measures in the country. Due to its geographical
location and hydrological characteristics, the state of
Tabasco has been affected by 33 hydrological disasters, such
as intense rainfall events, floods, and tropical storms,
over the last ten years. The analysis confirms that the DRR
measures implemented after the 2007 floods played a key role
in reducing the damages and losses sustained in the 2010
events. The first section of this document presents
background information on the state of Tabasco, how fiscal
risk management is handled upon natural disasters in Mexico,
and an overview on the creation and implementation of the
Plan Hidrico Integral de Tabasco (PHIT). The second section
presents the methodology used for assessing the impact of
the investments in DRR measures implemented after 2007. The
third section analyzes the advantages of both methods, the
implications of the results obtained, and the potential of
investments in DRR as a cost-effective measure to mitigate
the impact of adverse weather events. |
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