Expertise Publication

Disaster risk financing: Reducing the burden on public budgets

The rising impact of natural catastrophes is driving up the cost of disaster relief and reconstruction for the public sector. New forms of private-public partnership can make societies more resilient by absorbing the financial impact of large catastrophes. Such partnerships allow governments, semi-governmental agencies, aid organisations and NGOs to manage disaster expenses more efficiently by funding them before – instead of after – a catastrophe occurs.

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