- Title
- Country Note: Vanuatu
- Abstract
- Vanuatu is susceptible to a variety of both hydrometeorological and geophysical disasters due to its location in the South Pacific tropical cyclone basin and the Pacific Ring of Fire. Hydrometeorological hazards include tropical cyclones, floods, and droughts, whereas geophysical hazards include volcanoes, earthquakes, and resulting tsunamis and landslides. Vanuatu uses a variety of disaster risk financing and insurance (DRFI) tools, but its available funds are limited. The ex-ante instruments provide access to limited amounts of cash, and the ex-post tools can take several weeks to mobilize. Some procedures, such as the waiving of normal tendering procedures, are not embedded within the financial legislature, an omission that could significantly delay future response efforts. A number of options to improve DRFI in the future are presented for consideration in this note.
- Publication Date
- Feb. 27, 2015, 6 p.m.
- Category
- Geoscientific Information
- information pertaining to earth sciences. Examples: geophysical features and processes, geology, minerals, sciences dealing with the composition, structure and origin of the earth s rocks, risks of earthquakes, volcanic activity, landslides, gravity information, soils, permafrost, hydrogeology, erosion
- Regions
- Vanuatu
- Responsible
- andy
- Language
- English
- Supplemental Information
- tsunami, earthquake
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