- Thumbnail
- Resource ID
- dba7abc8-c376-11e5-9866-040146164b01
- Title
- Indonesia: Advancing a National Disaster Risk Financing Strategy – Options for Consideration
- Date
- Oct. 1, 2011, 2:18 p.m., Publication
- Abstract
- This study presents options for a national disas- ter risk financing strategy in Indonesia, draw- ing heavily on international experience. The study discusses a series of complementary options for a national disaster risk financing strategy, based on a preliminary fiscal risk analysis and a review of the current budget management of natural disasters in Indonesia. It benefits from the international ex- perience of the World Bank, which has assisted sev- eral countries in the design and implementation of sovereign catastrophe risk financing strategies (for instance, in Mexico, Colombia, Vietnam, Philippines, and the Caribbean island states) and property catas- trophe risk insurance programs (for instance, in Tur- key, Romania and Eastern Europe). This experience is tailored to the institutional, social and economic characteristics of Indonesia. The Government of Indonesia (GoI) requested the World Bank’s technical assistance to im- prove its financial response capacity in the aftermath of natural disasters. The World Bank has assisted the Ministry of Finance in developing a national disaster risk financing strategy for the financial protection of the state against natural di- sasters. It has also assisted the National Agency for Disaster Management (BNPB) in improving timely post-disaster assistance funding mechanism. The World Bank has worked closely with Ministry of Finance (Fiscal Policy Office (BKF), Bureau of Insur- ance, Capital Market Financial Institution Supervi- sory Agency (Bapepam LK), DG Budget, DG State Assets), National Agency for Disaster Management (BNPB) and BAPPENAS.
- Edition
- --
- Responsible
- andy
- Point of Contact
- Fraser
- sfraser@worldbank.org
- Purpose
- --
- Maintenance Frequency
- notPlanned
- Type
- not filled
- Restrictions
- None
- License
- None
- Language
- eng
- Temporal Extent
- Start
- --
- End
- --
- Supplemental Information
- drought, river_flood, tsunami, strong_wind, volcanic_ash, landslide
- Data Quality
- --
- Extent
-
- Spatial Reference System Identifier
- EPSG:4326
- Keywords
- (9922, 9, 454, 48, 9, 'Indonesia', 'indonesia'), (9923, 85, 454, 48, 85, 'WBG', 'wbg'), (9921, 144, 454, 48, 144, 'Disaster Risk Financing and Insurance Report', 'disaster-risk-financing-and-insurance-report')
- Category
- Geoscientific Information
- Regions
-
Indonesia