One of the major constraints for the improvement of agricultural risk management in Central America, and in particular to the development of weather index-based insurance, is the availability of complete meteorological data. Limitations with the data are related to restrictions in weather...

This note summarizes the conclusions of the review of the insurance sector in the Lebanon as part of the Financial Sector Assessment Program (FSAP). The main objectives of the assessment are to review the performance and structure of the insurance sector with respect to: the potential exposure...

This note on integrating gender-sensitive disaster risk management (DRM) in community-driven development (CDD) Programs is the sixth in a series of guidance notes on gender issues in DRM in the East Asia and the Pacific region. Targeting World Bank staff, clients and development partners, this...

In project finance, risks are allocated to the parties best able to manage them. However, the risk mitigation instruments incorporated in the project's contractual and financial arrangements need not be all-encompassing to provide the security investors require. Commitments may be limited in...

In April, 2008 the World Bank and the Local Government Engineering Department (LGED) commenced a study with the following objectives: (i) to assess fiduciary and operational risks in LGED's management of projects, assets and other resources, and in the Local Government Division (LGD), Ministry...

This report addresses the large flood exposures of Central Europe and proposes efficient financial and risk transfer mechanisms to mitigate fiscal losses from natural catastrophes.. The report is primarily addressed to the governments of the region which should build into their fiscal planning,...

Half a year ago, Russia's economic prospects looked uncertain. The global economy was losing momentum, the expansion in the euro area was grinding to a halt and commodity prices were beginning to fall. Yet, while output growth is slowing this year in line with weaker growth in Europe and...

This report forms part of the technical assistance provided by the World Bank under the Non-lending Technical Assistance Program for the Caribbean 'market-based agriculture risk management in the Caribbean.' The program is largely financed by the European Union All Agriculture Commodities...

In the GLDN seminar, the recovery procedures in the aftermath of the Kobe earthquake and the Asian tsunami were discussed. This introduction to Catastrophe Risk Financing Frameworks seminar provided participants with an understanding of catastrophe risk financing frameworks. In addition, it...

In the GLDN seminar, the recovery procedures in the aftermath of the Kobe earthquake and the Asian tsunami were discussed. This introduction to Catastrophe Risk Financing Frameworks seminar provided participants with an understanding of catastrophe risk financing frameworks. In addition, it...