Evaluating Sovereign Disaster Risk Finance Strategies: A Framework

@article{Clarke2016EvaluatingSD,
  title={Evaluating Sovereign Disaster Risk Finance Strategies: A Framework},
  author={D. Clarke and O. Mahul and Richard Poulter and Tse-Ling Teh},
  journal={Risk Management eJournal},
  year={2016}
}
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. The framework can be used by governments to help choose between different financial instruments, or between different combinations of instruments, to achieve appropriate and financially efficient strategies to fund disaster losses, taking into account the risk of disasters, economic conditions, and political constraints. The paper discusses… Expand
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