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Assessing the financial vulnerability to climate-related natural hazards (English)

National governments are key actors in managing the impacts of extreme weather events, yet many highly exposed developing countries -- faced with exhausted tax bases, high levels of indebtedness, and limited donor assistance -- have been unable to raise sufficient and timely capital to replace or repair damaged infrastructure and restore livelihoods after major disasters. Such financial vulnerability hampers development and exacerbates poverty. Based...
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Mechler,Reinhard; Hochrainer,Stefan; Pflug, Georg; Lotsch,Alexander; Williges, Keith.

Assessing the financial vulnerability to climate-related natural hazards (English). Policy Research working paper ; no. WPS 5232 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/299571468332689968

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