Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence

The frequency and severity of humanitarian disasters will continue to grow in the coming years and at an accelerated pace. Climate experts predict that by 2015, 375 million people a year will be affected by climate related disasters, up from 263 mi...

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Main Author:	World Bank
Format:	Brief
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	INSURANCE ECONOMIC COSTS DISASTER REDUCTION SCENARIOS DISASTER RISK RELIEF RISK ACTUARIAL SCIENCE INCOME INTEREST CLIMATE EXTREMES BANK CREDIT DISASTER RISK FINANCING CLIMATE DEMAND CLIMATE RELATED DISASTERS PROGRAMS INVESTMENTS RISK MANAGEMENT NATURAL DISASTERS FINANCIAL INSTRUMENTS INSURANCE INSTRUMENTS FINANCIAL RISK FINANCIAL CONSEQUENCES DISASTERS PUBLIC SPENDING DISASTER MODELS FINANCIAL RESILIENCE NATURAL HAZARDS SAVING POLICY FINANCE DISASTER EVENTS
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24794179/impact-apraisal-sovereign-disaster-risk-financing-insurance-towards-better-evaluation-evidence http://hdl.handle.net/10986/22420

id	okr-10986-22420
recordtype	oai_dc
spelling	okr-10986-224202021-04-23T14:04:08Z Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence World Bank INSURANCE ECONOMIC COSTS DISASTER REDUCTION SCENARIOS DISASTER RISK RELIEF RISK ACTUARIAL SCIENCE INCOME INTEREST CLIMATE EXTREMES BANK CREDIT DISASTER RISK FINANCING CLIMATE DEMAND CLIMATE RELATED DISASTERS PROGRAMS INVESTMENTS RISK MANAGEMENT NATURAL DISASTERS FINANCIAL INSTRUMENTS INSURANCE INSTRUMENTS FINANCIAL RISK FINANCIAL CONSEQUENCES DISASTERS PUBLIC SPENDING DISASTER MODELS FINANCIAL RESILIENCE NATURAL HAZARDS SAVING POLICY FINANCE DISASTER EVENTS The frequency and severity of humanitarian disasters will continue to grow in the coming years and at an accelerated pace. Climate experts predict that by 2015, 375 million people a year will be affected by climate related disasters, up from 263 million in 2010. To respond to the growing risk arising from natural hazards, the international community needs to develop and operationalize innovative ways of managing risk. Low-income countries and donors are becoming increasingly interested in sovereign DRFI as a way to increase financial resilience to disaster events. There is a need for better evidence to guide support in sovereign DRFI programs, to maximize their impact and reduce the human and economic cost of disasters. There are very few evaluations of sovereign DRFI programs. Those that exist are not consistent in their methodology, and typically do not directly address the impact of programs on poor people. Without tools to objectively appraise potential programs and better evidence on what works, increasing investments in sovereign DRFI programs and instruments may be poorly targeted. This project complements DFID and the World Bank’s drive to develop and implement evaluation tools to identify impact of projects or policy initiatives. The project will utilize the World Bank’s strong network of partner organizations to provide the required technical thinking, while also drawing on DFID’s strong culture of learning and evaluation. 2015-08-17T15:04:13Z 2015-08-17T15:04:13Z 2013-09 Brief http://documents.worldbank.org/curated/en/2015/07/24794179/impact-apraisal-sovereign-disaster-risk-financing-insurance-towards-better-evaluation-evidence http://hdl.handle.net/10986/22420 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research Publications & Research :: Brief
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	INSURANCE ECONOMIC COSTS DISASTER REDUCTION SCENARIOS DISASTER RISK RELIEF RISK ACTUARIAL SCIENCE INCOME INTEREST CLIMATE EXTREMES BANK CREDIT DISASTER RISK FINANCING CLIMATE DEMAND CLIMATE RELATED DISASTERS PROGRAMS INVESTMENTS RISK MANAGEMENT NATURAL DISASTERS FINANCIAL INSTRUMENTS INSURANCE INSTRUMENTS FINANCIAL RISK FINANCIAL CONSEQUENCES DISASTERS PUBLIC SPENDING DISASTER MODELS FINANCIAL RESILIENCE NATURAL HAZARDS SAVING POLICY FINANCE DISASTER EVENTS
spellingShingle	INSURANCE ECONOMIC COSTS DISASTER REDUCTION SCENARIOS DISASTER RISK RELIEF RISK ACTUARIAL SCIENCE INCOME INTEREST CLIMATE EXTREMES BANK CREDIT DISASTER RISK FINANCING CLIMATE DEMAND CLIMATE RELATED DISASTERS PROGRAMS INVESTMENTS RISK MANAGEMENT NATURAL DISASTERS FINANCIAL INSTRUMENTS INSURANCE INSTRUMENTS FINANCIAL RISK FINANCIAL CONSEQUENCES DISASTERS PUBLIC SPENDING DISASTER MODELS FINANCIAL RESILIENCE NATURAL HAZARDS SAVING POLICY FINANCE DISASTER EVENTS World Bank Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
description	The frequency and severity of humanitarian disasters will continue to grow in the coming years and at an accelerated pace. Climate experts predict that by 2015, 375 million people a year will be affected by climate related disasters, up from 263 million in 2010. To respond to the growing risk arising from natural hazards, the international community needs to develop and operationalize innovative ways of managing risk. Low-income countries and donors are becoming increasingly interested in sovereign DRFI as a way to increase financial resilience to disaster events. There is a need for better evidence to guide support in sovereign DRFI programs, to maximize their impact and reduce the human and economic cost of disasters. There are very few evaluations of sovereign DRFI programs. Those that exist are not consistent in their methodology, and typically do not directly address the impact of programs on poor people. Without tools to objectively appraise potential programs and better evidence on what works, increasing investments in sovereign DRFI programs and instruments may be poorly targeted. This project complements DFID and the World Bank’s drive to develop and implement evaluation tools to identify impact of projects or policy initiatives. The project will utilize the World Bank’s strong network of partner organizations to provide the required technical thinking, while also drawing on DFID’s strong culture of learning and evaluation.
format	Brief
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
title_short	Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
title_full	Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
title_fullStr	Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
title_full_unstemmed	Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence
title_sort	impact appraisal for sovereign disaster risk financing and insurance : towards better evaluation and evidence
publisher	Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2015/07/24794179/impact-apraisal-sovereign-disaster-risk-financing-insurance-towards-better-evaluation-evidence http://hdl.handle.net/10986/22420
_version_	1764451034572259328

Impact Appraisal for Sovereign Disaster Risk Financing and Insurance : Towards Better Evaluation and Evidence

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