Disaster Risk Finance for Adaptive Social Protection
Countries in the Latin America and the Caribbean (LAC) region are highly exposed to frequent natural hazards leading to disasters. Usually, poor and vulnerable populations are adversely affected by the effects of disasters since they have less abil...
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/721601593593553284/Disaster-Risk-Finance-for-Adaptive-Social-Protection http://hdl.handle.net/10986/34133 |
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okr-10986-341332021-06-14T10:00:45Z Disaster Risk Finance for Adaptive Social Protection Cubas, Diana Gunasekera, Rashmin Humbert, Thibaut DISASTER RISK MANAGEMENT DISASTER RISK FINANCE SOCIAL PROTECTION ADAPTIVE SOCIAL PROTECTION NATURAL DISASTER VULNERABILITY Countries in the Latin America and the Caribbean (LAC) region are highly exposed to frequent natural hazards leading to disasters. Usually, poor and vulnerable populations are adversely affected by the effects of disasters since they have less ability to cope and recover. Rapid assistance in the immediate aftermath of a disaster is an essential part of strengthening resilience and protecting the welfare of poor and vulnerable households. If ex-ante physical and financial measures are not included in disaster preparedness, there can be considerable delays in post-disaster response, potentially significantly exacerbating the adverse human and economic conditions of the poor and vulnerable, pushing them deeper into poverty. Social Protection (SP) has an important role in helping the poor and vulnerable populations cope with the impacts of natural hazards as well as building long-term resilience. Ensuring the availability of financing to scale-up Social Protection after disasters is therefore critically important for LAC countries. LAC countries have demonstrated experiences using various risk financing approaches and participating in risk financing arrangements. Despite this, few countries have established mechanisms to guarantee scaled-up SP support following disaster events. This note aims to improve understanding of Disaster Risk Financing (DRF) approaches among SP practitioners and outlines what LAC countries need to prioritize in order to ensure that appropriate financing arrangements are in place to support effective post-disaster SP response. 2020-07-16T20:34:07Z 2020-07-16T20:34:07Z 2020 Report http://documents.worldbank.org/curated/en/721601593593553284/Disaster-Risk-Finance-for-Adaptive-Social-Protection http://hdl.handle.net/10986/34133 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study Latin America & Caribbean Caribbean Latin America |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
DISASTER RISK MANAGEMENT DISASTER RISK FINANCE SOCIAL PROTECTION ADAPTIVE SOCIAL PROTECTION NATURAL DISASTER VULNERABILITY |
| spellingShingle |
DISASTER RISK MANAGEMENT DISASTER RISK FINANCE SOCIAL PROTECTION ADAPTIVE SOCIAL PROTECTION NATURAL DISASTER VULNERABILITY Cubas, Diana Gunasekera, Rashmin Humbert, Thibaut Disaster Risk Finance for Adaptive Social Protection |
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Latin America & Caribbean Caribbean Latin America |
| description |
Countries in the Latin America and the
Caribbean (LAC) region are highly exposed to frequent
natural hazards leading to disasters. Usually, poor and
vulnerable populations are adversely affected by the effects
of disasters since they have less ability to cope and
recover. Rapid assistance in the immediate aftermath of a
disaster is an essential part of strengthening resilience
and protecting the welfare of poor and vulnerable
households. If ex-ante physical and financial measures are
not included in disaster preparedness, there can be
considerable delays in post-disaster response, potentially
significantly exacerbating the adverse human and economic
conditions of the poor and vulnerable, pushing them deeper
into poverty. Social Protection (SP) has an important role
in helping the poor and vulnerable populations cope with the
impacts of natural hazards as well as building long-term
resilience. Ensuring the availability of financing to
scale-up Social Protection after disasters is therefore
critically important for LAC countries. LAC countries have
demonstrated experiences using various risk financing
approaches and participating in risk financing arrangements.
Despite this, few countries have established mechanisms to
guarantee scaled-up SP support following disaster events.
This note aims to improve understanding of Disaster Risk
Financing (DRF) approaches among SP practitioners and
outlines what LAC countries need to prioritize in order to
ensure that appropriate financing arrangements are in place
to support effective post-disaster SP response. |
| format |
Report |
| author |
Cubas, Diana Gunasekera, Rashmin Humbert, Thibaut |
| author_facet |
Cubas, Diana Gunasekera, Rashmin Humbert, Thibaut |
| author_sort |
Cubas, Diana |
| title |
Disaster Risk Finance for Adaptive Social Protection |
| title_short |
Disaster Risk Finance for Adaptive Social Protection |
| title_full |
Disaster Risk Finance for Adaptive Social Protection |
| title_fullStr |
Disaster Risk Finance for Adaptive Social Protection |
| title_full_unstemmed |
Disaster Risk Finance for Adaptive Social Protection |
| title_sort |
disaster risk finance for adaptive social protection |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/721601593593553284/Disaster-Risk-Finance-for-Adaptive-Social-Protection http://hdl.handle.net/10986/34133 |
| _version_ |
1764480205440679936 |