Managing Economic Exposures of Natural Disaster:Analyzing Financial Risk
To develop financial instruments for financial risk management of natural disasters. The development of new financial instruments (or the application of instruments being utilized for a different purpose) to mitigate the risks and costs associated to natural disasters will contribute to a better management of the adverse consequences of natural disasters. This would allow countries to better allocate scarce resources which, in turn, would contribute to poverty reduction. The development of new financial instruments and the discussion on how and when to use them will contribute to the Bank knowledge about the subject and to a better design and implementation of financial sector projects to be eventually supported by the Bank. Furthermore, advances in this area should reduce the need and costs for ex-post Bank's intervention in helping countries after natural disasters affected them.

Project Detail

Country

Regional

Project Number

TC0101033

Approval Date

September 27, 2002

Project Status

Closed

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

SOCIAL INVESTMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 35,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 35,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/DC-8038-RS Sovereign Guaranteed USD - United States Dollar Danish Consultants Funds Nonreimbursable
Operation Number ATN/DC-8038-RS
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Danish Consultants Funds
  • Financial Instrument: Nonreimbursable