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Financially Prepared - The Case for Pre-positioned Finance in European Union Member States and Countries under EU Civil Protection Mechanism

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-05-23T20:47:23Z
dc.date.available2024-05-23T20:47:23Z
dc.date.issued2024-05-23
dc.description.abstractThis report was developed as part of the technical assistance program ‘Phase 2 - Economics of Prevention and Preparedness (EDPP) in European Union (EU) Member States (MS) and Countries under EU Civil Protection Mechanism’ (UCPM). The report has been prepared for the Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and other European Commission (EC) stakeholders. It complements the Phase 1 report that focused on earthquake and flood risk and revealed that losses from these events at the EU level can cost Euro 13–50 billion a year depending on the magnitude of the events. The EDPP Phase 2 considers wildfire and drought hazards and current financing mechanisms and recommends options on how to scale disaster risk financing (DRF) at the national and regional levels. This report aims to inform discussions on the development of effective national and regional risk financing mechanisms by identifying funding gaps for wildfire and drought response. The identification of funding gaps can be used to inform a risk-layering approach, which combines different financial instruments to provide predictable finance when needed. This also includes the identification of additional regional funding to complement national finances.en
dc.identifierhttp://documents.worldbank.org/curated/en/099050624175015282/P17907017378da0b81bf82149ed44c62b9d
dc.identifier.doi10.1596/41592
dc.identifier.urihttps://hdl.handle.net/10986/41592
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesEconomics for Disaster Prevention and Preparedness;
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectFINANCE AND GROWTH
dc.subjectWILDFIRES RISK REDUCTION
dc.subjectWILDFIRE
dc.subjectNATIONAL FINANCIAL INCLUSION STRATEGIES
dc.subjectRISK ASSESSMENT FRAMEWORK
dc.subjectLIFE ON LAND
dc.subjectSDG 15
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.titleFinancially Prepared - The Case for Pre-positioned Finance in European Union Member States and Countries under EU Civil Protection Mechanismen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleFinancially Prepared - The Case for Pre-positioned Finance in European Union Member States and Countries under EU Civil Protection Mechanism
okr.date.disclosure2024-05-23
okr.date.lastmodified2024-05-15T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099050624175015282/P17907017378da0b81bf82149ed44c62b9d
okr.guid099050624175015282
okr.identifier.docmidP179070-7378daf4-a6b2-4ab8-bf82-49ed44c62b9d
okr.identifier.doihttps://doi.org/10.1596/41592
okr.identifier.externaldocumentum34314392
okr.identifier.internaldocumentum34314392
okr.identifier.report189918
okr.import.id4243
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099050624175015282/pdf/P17907017378da0b81bf82149ed44c62b9d.pdfen
okr.region.geographicalEurope and Central Asia
okr.sectorOther Public Administration
okr.themeDisaster Risk Management,Disaster Preparedness,Mitigation,Disaster Response and Recovery,Disaster Risk Reduction,Environment and Natural Resource Management,Finance for Development,Finance,Climate change,Urban and Rural Development,Adaptation,Disaster Risk Finance
okr.topicEnvironment::Environmental Disasters & Degradation
okr.topicWater Resources::Drought Management
okr.topicEnvironment::Natural Disasters
okr.topicUrban Development::Hazard Risk Management
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.unitUrban ECA (SCAUR)
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