Publication: FONDEN--Mexico’s National Disaster Fund: An Evolving Inter-Institutional Fund for Post-Disaster Expenditures
Fund for Natural Disasters (FONDEN) is a financial vehicle that ensures the GoM has adequate financial capacity following natural disasters. FONDEN builds on its inter-institutional framework, requiring collaboration between federal ministries and affected State governments. FONDEN continues to evolve, leveraging its resources with innovative market-based risk transfer instruments to increase funding in extreme loss years.
“World Bank. 2013. FONDEN--Mexico’s National Disaster Fund : An Evolving Inter-Institutional Fund for Post-Disaster Expenditures. Disaster risk financing and insurance case study;. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/22417 License: CC BY 3.0 IGO.”