Growth and Resilience Dialogue 15/02/2018

Natural disasters proneness poses special problems

• Due to the fact that SIDS are highly exposed to external shocks, they should assign major importance to resilience-building policies and should embed such policies into their national plans and strategies. • In the case of natural disasters, the integration of risks into financial planning, not only to cover short-term recovery but also longer-term investment in disaster mitigation measures , including, building disaster resilient structures, and enhancing disaster preparedness.. • Disaster insurance has proved to be a tricky issue and the donor community should be more supportive in this matter than they currently are. A regional approach in disaster insurance might also render insurance possibilities more feasible.

8. Implications of the V&R framework and Concluding remarks