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Enhancing the financial resilience of Pacific Island Countries against natural disaster and climate risk : Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) Program : Phase II (English)

The current PCRAFI program, phase II builds on the initial phase of thePacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI), ajoint initiative of the World Bank, SPC, and the Asian Development Bankwith financial support from the Government of Japan, the Global Facilityfor Disaster Reduction and Recovery (GFDRR) and the European Union. PCRAFI, launched in 2007, aimed to provide the PICs with disaster riskassessment and financing tools for enhanced disaster risk managementand climate change adaptation. The PCRAFI Program (phase II) launched in April 2016 is comprisedof two key pillars; (i) the PCRAFI Facility and (ii) the PCRAFI TechnicalAssistance Program

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Citation

Mahul,Olivier Cook,Samantha Jane Prasad,Raymond

Enhancing the financial resilience of Pacific Island Countries against natural disaster and climate risk : Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) Program : Phase II (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/716481495545738079/Pacific-Catastrophe-Risk-Assessment-and-Financing-Initiative-PCRAFI-Program-Phase-II