Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Road Map to Developing a Regional Risk Transfer Facility for CAREC

Road Map to Developing a Regional Risk Transfer Facility for CAREC

Asian Development Bank

Paperback

Business GeneralGeneral Sociology

ISBN10: 9292704419
ISBN13: 9789292704414
Publisher: Asian Development Bank
Published: Nov 20 2023
Pages: 42
Weight: 0.34
Height: 0.11 Width: 8.50 Depth: 11.00
Language: English

This report outlines how the Central Asia Regional Economic Cooperation Program could set up a disaster risk transfer facility to help members strengthen risk management.


The CAREC region is highly exposed to natural hazards, particularly earthquakes and floods, and the adverse economic impacts of climate change. A regional disaster risk transfer facility could help CAREC countries diversify risk, reduce costs, increase access to international insurance and capital markets, and coordinate risk analysis and modeling. This report draws on lessons from other regions to explore opportunities and options for developing a CAREC Risk Facility. It suggests next steps in establishing a facility and considers the role of stakeholders including the Asian Development Bank.

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