Financial Protection of Critical Infrastructure Services

Financial Protection of Critical Infrastructure Services

This report uses the term critical infrastructure to refer to all the aspects required to deliver the critical services (e.g., transport, health care, energy). Six sectors are widely classified as being critical: energy, transport, water, informati...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
INFRASTRUCTURE SERVICES
FINANCIAL PROTECTION
CONTINUITY
FINANCIAL PREPAREDNESS
DISASTER PREPAREDNESS
PANDEMIC RESPONSE
Online Access:http://documents.worldbank.org/curated/undefined/099055001212213922/P17089309cf1d40430bc630baf959a8168f
http://hdl.handle.net/10986/36902
id okr-10986-36902
recordtype oai_dc
spelling okr-10986-369022022-02-02T05:10:45Z Financial Protection of Critical Infrastructure Services World Bank INFRASTRUCTURE SERVICES FINANCIAL PROTECTION CONTINUITY FINANCIAL PREPAREDNESS DISASTER PREPAREDNESS PANDEMIC RESPONSE This report uses the term critical infrastructure to refer to all the aspects required to deliver the critical services (e.g., transport, health care, energy). Six sectors are widely classified as being critical: energy, transport, water, information and communications technologies, health care, and finance. Some economies include education and critical economic and manufacturing sectors within their definitions. The focus of this report is on the financial protection of critical infrastructure services. This focus complements existing, well-documented evidence and frameworks, including evidence collated by the World Bank30, about the operational and physical protection and the resilience of critical infrastructure assets, and about best practice in incorporating resilience within PPPs in infrastructure. The financial aspects of resilience of critical infrastructure services are not widely discussed in the existing literature, yet this is a critical component of overall resilience. A 2014 publication by the Organization for Economic Co-operation and Development (OECD) titled Recommendations on Managing Critical Risks emphasized the role of financial preparedness in managing critical infrastructure risks to protect public finances and the fiscal position of a country. The 2018 and 2019 APEC Joint Ministerial Statements explicitly highlight the importance of quality and resilience, of the infrastructure’s strengths against climate and disasters, and of the role of financial protection in this context. 2022-02-01T15:20:14Z 2022-02-01T15:20:14Z 2021-03 Report http://documents.worldbank.org/curated/undefined/099055001212213922/P17089309cf1d40430bc630baf959a8168f http://hdl.handle.net/10986/36902 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 Infrastructure Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INFRASTRUCTURE SERVICES
FINANCIAL PROTECTION
CONTINUITY
FINANCIAL PREPAREDNESS
DISASTER PREPAREDNESS
PANDEMIC RESPONSE
spellingShingle INFRASTRUCTURE SERVICES
FINANCIAL PROTECTION
CONTINUITY
FINANCIAL PREPAREDNESS
DISASTER PREPAREDNESS
PANDEMIC RESPONSE
World Bank
Financial Protection of Critical Infrastructure Services
description This report uses the term critical infrastructure to refer to all the aspects required to deliver the critical services (e.g., transport, health care, energy). Six sectors are widely classified as being critical: energy, transport, water, information and communications technologies, health care, and finance. Some economies include education and critical economic and manufacturing sectors within their definitions. The focus of this report is on the financial protection of critical infrastructure services. This focus complements existing, well-documented evidence and frameworks, including evidence collated by the World Bank30, about the operational and physical protection and the resilience of critical infrastructure assets, and about best practice in incorporating resilience within PPPs in infrastructure. The financial aspects of resilience of critical infrastructure services are not widely discussed in the existing literature, yet this is a critical component of overall resilience. A 2014 publication by the Organization for Economic Co-operation and Development (OECD) titled Recommendations on Managing Critical Risks emphasized the role of financial preparedness in managing critical infrastructure risks to protect public finances and the fiscal position of a country. The 2018 and 2019 APEC Joint Ministerial Statements explicitly highlight the importance of quality and resilience, of the infrastructure’s strengths against climate and disasters, and of the role of financial protection in this context.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Financial Protection of Critical Infrastructure Services
title_short Financial Protection of Critical Infrastructure Services
title_full Financial Protection of Critical Infrastructure Services
title_fullStr Financial Protection of Critical Infrastructure Services
title_full_unstemmed Financial Protection of Critical Infrastructure Services
title_sort financial protection of critical infrastructure services
publisher World Bank, Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/undefined/099055001212213922/P17089309cf1d40430bc630baf959a8168f
http://hdl.handle.net/10986/36902
_version_ 1764486116754325504

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