Insurance

G20/OECD methodological framework on disaster risk assessment and risk financing

 

 

APEC Finance Ministers welcome OECD report on disaster risk financing in the Asia Pacific region, news release 20/09/2013

G20 ministers welcome OECD disaster risk assessment
and financing framework
, news release 07/11/2012

G20/OECD Methodological Framework for Disaster Risk
Assessment and Risk Financing
(pdf) | Executive Summary (pdf)

‌‌

About the framework

It is recognised that disasters can have widespread impacts, causing not only harm and damage to lives, buildings and infrastructure, but also impairing economic activity, with potential cascading and global effects. These impacts generate losses for households, businesses and governments as damages need to be repaired, homes and businesses rebuilt, and activities resumed. These financial costs may be catastrophic in nature, aggravating economic and social impacts. Achieving financial resilience is thus a critical component of effective disaster risk management.

This methodological framework for disaster risk assessment and risk financing is intended to help finance ministries and other governmental authorities in developing more effective disaster risk management strategies and, in particular, financial strategies, building on strengthened risk assessment and risk financing. While the framework does not specifically explore disaster risk reduction policies, it highlights the strong interconnections between disaster risk assessment, risk reduction and financial management, key building blocks for dynamic and continually evolving disaster risk management strategies.

 

Launch of the G20/OECD Methodological Framework

Developed as a response to a mandate from G20 Leaders, Finance Ministers and Central Bank Governors, the framework was presented and endorsed at the G20 meeting in Mexico City on 4-5 November 2012.

G20 Communiqué, Mexico City, 4-5 November 2012 (para. 31)

Remarks by Angel Gurría

 

Angel Gurría, OECD Secretary-General, Jose Antonio Meade Kuribeña, Mexican Minister of Finance and Jim Yong Kim, President, World Bank - G20 Mexico City 4 November 2012

Angel Gurría, OECD Secretary-General, Jose Antonio Meade Kuribeña, Mexican Minister of Finance and Jim Yong Kim, President, World Bank

 

 

Text of the Framework

G20/OECD methodological framework on disaster risk assessment and risk financing 150 pixels

 

Executive Summary

G20/OECD methodological framework on disaster risk assessment and risk financing - executive summary cover - 150 pixels

 

 

 

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
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  • Angola
  • Anguilla
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