Financial Management of Flood Risk
![image of Financial Management of Flood Risk image of Financial Management of Flood Risk](https://assets.oecdcode.org/covers/100/g2g6865f.jpg)
Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting, multi-generational effects. The financial management of these impacts is a key challenge for individuals and governments in developed and developing countries. G20 Finance Ministers and Central Bank Governors and APEC Finance Ministers have recognised the importance and priority of disaster risk management strategies and, in particular, disaster risk assessment and risk financing. The OECD has supported the development of strategies for the financial management of natural and man-made disaster risks, under the guidance of the OECD High-Level Advisory Board on Financial Management of Large-scale Catastrophes and the OECD Insurance and Private Pensions Committee. This work has included the elaboration of an OECD Recommendation on Good Practices for Mitigating and Financing Catastrophic Risks and a draft Recommendation on Disaster Risk Financing Strategies The Financial Management of Flood Risk extends this work by applying the lessons from the OECD’s analysis of disaster risk financing practices and the development of its guidance to the specific case of floods.
- Click to access:
-
Click to download PDF - 2.25MBPDF
Introduction: The prevalence of flood risk
This chapter provides an introduction to the evolving nature of flood risk and the implications for the financial management of that risk. It also provides an overview of the structure of this report.
- Click to access:
-
Click to download PDF - 333.27KBPDF