Financial instruments for managing disaster risks related to climate change:

This article provides an overview of the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance...

Full description

Saved in:
Bibliographic Details
Main Author: Wolfrom, Leigh (Author)
Other Authors: Yokoi-Arai, Mamiko (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2016
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
Volltext
Summary:This article provides an overview of the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance coverage and the capacity of insurance markets to absorb disaster risks, including through the use of capital markets instruments and international co-operation in risk pooling. It concludes with a number of recommendations for improving the financial management of disaster risks in the context of climate change and some areas of further work. JEL classification: G22, G23, H84, Q54 Keywords: Climate change, natural disasters, extreme events, insurance, reinsurance, catastrophe bonds
Physical Description:1 Online-Ressource (23 Seiten) 21 x 28cm
DOI:10.1787/fmt-2015-5jrqdkpxk5d5

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text