Strengthening financial resilience in the Pacific (English)

The Pacific Island region is highly vulnerable to natural disasters and climate-related hazards, costing some countries up to an average of 6.6 percent gross domestic product (GDP) every year. In response to requests from 15 countries, the World Bank and other partners formed the Pacific catastrophe risk assessment and financing initiative (PCRAFI) in 2007 to help mitigate the fiscal risks associated with natural disasters and climate change. Under...

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Author

Rahman,Shaela;
Document Date
2015/01/01
Document Type
Brief
Report Number
94991
Volume No
1
Total Volume(s)
1
Country
Pacific Islands,
Region
East Asia and Pacific,
Disclosure Date
2015/03/16
Disclosure Status
Disclosed
Doc Name
Strengthening financial resilience in the Pacific
Keywords
facility for disaster reduction and recovery

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Citation

Rahman,Shaela.

Strengthening financial resilience in the Pacific (English). Stories of impact Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/530581468120880319

Strengthening financial resilience in the Pacific (English)

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