Organization: World Bank Group
- José Ángel Villalobos
The financial management of catastrophe risk is becoming an increasing priority for developing economies and their development partners, and because of this, stakeholders from many different backgrounds are being exposed to new concepts in the risk finance and risk transfer space. There are a growing number of financial products aimed at managing the impacts of disasters, but understanding of how these products differ from each other and can be combined in cost effective ways is limited. Analytics related to these products can be helpful, but such information usually has its own language for describing risk and is based on concepts that are new to many decision-makers in this area.
Training on DRFI concepts and terminology – José Ángel Villalobos, Darío Bacchini and Barry Maher