Description/achievement of initiative
- Development and enhancement of a knowledge base for key natural hazard risks; - Regional studies concerning the economics of climate change and the impact of natural disasters on particular sectors such as tourism; - Decision-making tools which might be developed by CCRIF and/or ECLAC to assist in mitigating the economic impacts of natural catastrophes; and - Climate change adaptation strategies to facilitate decision making across the region.
Facilitate capacity building and to develop strategies for mitigating the physical and socio-economic impacts of 'natural' disasters, such as hurricanes and earthquakes, in the various countries of the region.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
The Caribbean Catastrophe Risk Insurance Facility (CCRIF); UNECLAC; CARICOM Member States
Sponsored by World Bank; Caribbean Development Bank; EU