Publication:
Colombia: Policy Strategy for Public Financial Management of Natural Disaster Risk

dc.contributor.authorWorld Bank
dc.date.accessioned2015-08-17T14:27:42Z
dc.date.available2015-08-17T14:27:42Z
dc.date.issued2013
dc.description.abstractDisasters resulting from natural hazards represent an important challenge for Colombia’s fiscal sustainability and stability. Colombia is one of the countries with the highest recurrence rate of disasters caused by natural hazards in Latin America. As the country’s population and economy continue to grow, so will the economic losses resulting from such events, an average of 600 disaster events are reported each year. Colombia’s rate of economic growth is increasing the base of assets exposed to disaster risks, which may lead to significant increases in losses, particularly if investments in new assets are not accompanied by plans for mitigating disaster risk. This document presents the priority policy objectives that have been established to assess, reduce, and manage fiscal risk due to natural disasters. It also describes the MHCP’s efforts to progress its policy objectives in the long term. These policy objectives represent the MHCP’s ex-ante policy framework regarding management of financial and fiscal disaster risk.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/07/24794195/colombia-policy-strategy-public-financial-management-natural-disaster-risk
dc.identifier.doi10.1596/22414
dc.identifier.urihttps://hdl.handle.net/10986/22414
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFLOODING
dc.subjectINDEMNITY INSURANCE
dc.subjectCONTINGENT LIABILITIES
dc.subjectREINSURANCE
dc.subjectRISKS
dc.subjectREGULATIONS
dc.subjectEMERGENCY
dc.subjectEARTHQUAKE
dc.subjectDISASTER REDUCTION
dc.subjectDISASTER RISK
dc.subjectFINANCIAL MANAGEMENT
dc.subjectINFORMATION SYSTEM
dc.subjectINTEREST
dc.subjectPUBLIC POLICIES
dc.subjectLOSSES
dc.subjectSUSTAINABILITY
dc.subjectBANK
dc.subjectCREDIT
dc.subjectINDUSTRY
dc.subjectSTRATEGIES
dc.subjectPROGRAMS
dc.subjectINFORMATION
dc.subjectSERVICES
dc.subjectDECLARATION
dc.subjectHOUSING
dc.subjectDAMAGE
dc.subjectINSURANCE POLICIES
dc.subjectPROPERTY
dc.subjectMANDATES
dc.subjectINSURANCE INDUSTRY
dc.subjectVULNERABILITY TO DISASTERS
dc.subjectDISASTER
dc.subjectPROJECTS
dc.subjectPRIVATE INSURANCE
dc.subjectDAMAGES
dc.subjectEMERGENCY RELIEF
dc.subjectPHYSICAL DAMAGES
dc.subjectRISK TRANSFER
dc.subjectPUBLIC DEBT
dc.subjectDISASTER EVENTS
dc.subjectERUPTION
dc.subjectEARTHQUAKES
dc.subjectMUNICIPALITIES
dc.subjectCREDIT RISK
dc.subjectINSURANCE
dc.subjectLOSS
dc.subjectMACROECONOMIC STABILITY
dc.subjectLANDSLIDE
dc.subjectRISK INSURANCE
dc.subjectRELIEF
dc.subjectRISK
dc.subjectNATURAL DISASTER
dc.subjectMITIGATION
dc.subjectINDEMNITY
dc.subjectDISASTER RESPONSE
dc.subjectRISK DIVERSIFICATION
dc.subjectDISASTER RISKS
dc.subjectFLOODS
dc.subjectRISK MANAGEMENT
dc.subjectNATURAL DISASTERS
dc.subjectVOLCANIC ERUPTIONS
dc.subjectDEBT
dc.subjectINTERNATIONAL STRATEGY FOR DISASTER REDUCTION
dc.subjectFINANCIAL RISK
dc.subjectDISASTERS
dc.subjectLIABILITY MANAGEMENT
dc.subjectFIRE
dc.subjectLOANS
dc.subjectLANDSLIDES
dc.subjectLIABILITIES
dc.subjectRESERVES
dc.subjectCOVERAGE
dc.subjectERUPTIONS
dc.subjectINSURANCE COVERAGE
dc.subjectNATURAL HAZARDS
dc.subjectPRICES
dc.subjectRISK ASSESSMENT
dc.subjectFINANCE
dc.subjectRECONSTRUCTION
dc.subjectRISK MITIGATION
dc.subjectINFRASTRUCTURE
dc.subjectRISK ANALYSIS
dc.subjectCONTINGENT LIABILITY
dc.titleColombiaen
dc.title.subtitlePolicy Strategy for Public Financial Management of Natural Disaster Risken
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2015-07-17
okr.date.doiregistration2025-05-07T10:21:39.011432Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Risk and Vulnerability Assessment
okr.docurlhttp://documents.worldbank.org/curated/en/2015/07/24794195/colombia-policy-strategy-public-financial-management-natural-disaster-risk
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.guid459091467998789035
okr.identifier.externaldocumentum090224b08300356e_1_0
okr.identifier.internaldocumentum24794195
okr.identifier.report98005
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/07/17/090224b08300356e/1_0/Rendered/PDF/Colombia000Pol0atural0disaster0risk.pdfen
okr.region.countryColombia
okr.topicInsurance Risk Mitigation
okr.topicEnvironment::Natural Disasters
okr.topicConflict and Development::Disaster Management
okr.topicUrban Development::Hazard Risk Management
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.unitMacro Fiscal Mgmt - GP (GMFDR)
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
Colombia000Pol0atural0disaster0risk.pdf
Size:
1.11 MB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
Colombia000Pol0atural0disaster0risk.txt
Size:
55.84 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: