PUBLICATIONS CENTRE
DEMYSTIFYING PRE-ARRANGED FINANCING FOR GOVERNMENTS: A STOCKTAKE OF FINANCIAL INSTRUMENTS FROM INTERNATIONAL FINANCIAL INSTITUTIONS
As the toolkit for pre-arranged financing expands, it is becoming increasingly challenging for governments to determine which instrument, or combination of instruments, best meets their needs. There is no silver bullet or single ‘best’ PAF instrument. To help governments and international partners better prepare for disasters, this report offers an in-depth assessment of pre-arranged financing tools using seven key criteria for ensuring pre-arranged financing reduces the human and financial costs of disasters.
THE STATE OF PRE-ARRANGED FINANCING FOR DISASTERS 2024
The State of Pre-arranged Financing for Disasters 2024 is a unique source of data and analysis on the level of effort of international development donors to support a shift towards arranging financing for disasters, before shocks happen. In its second year, the Centre’s annual analysis of trends and patterns in international development financing for pre-arranged financing for disasters also presents the latest available data on coverage and payouts provided by these instruments.
RETHINKING PREMIUM SUPPORT: ENHANCING THE IMPACT AND SUSTAINABILITY OF CLIMATE RISK INSURANCE
This insight paper aims to support policymakers and practitioners as they seek to scale up financial protection against climate-related shocks through sovereign insurance solutions. It explores the complexities of international premium support and identifies core problems with current approaches to the allocation and design of premium subsidies. It proposes some basic but vital shifts needed in the way premium support is designed, allocated and provided to create a more inclusive, transparent and sustainable approach.
WHAT DO WE KNOW ABOUT PREPARING FINANCIALLY FOR DISASTERS? AN ASSESSMENT OF THE EVIDENCE GAP
A strong body of evidence provides a compelling case that the current policy response to disasters—sudden, calamitous events that cause losses that exceed a community’s or society’s ability to cope using its own resources—is inadequate. This brief reviews the evidence on the welfare impacts of proactive approaches to setting up finance for disaster response.
THE IMPACT OF PRE-ARRANGED DISASTER FINANCE: EVIDENCE GAP ASSESSMENT
This paper examines the evidence on how to prepare better for disasters, specifically the evidence on the welfare impacts of interventions that pre-arrange finance for disaster response. We find that the quality of evidence is mixed across this space.