A Guide to Public-Sector Resilience Bond Sponsorship

re:focus partners / by Shalini Vajjhala and James Rhodes
http://brook.gs/2xl2mmy

[Brookings Institution] So how can governments at all levels take a different approach to managing natural disasters?

In a new report, A Guide to Public-Sector Resilience Bond Sponsorship, my co-author James Rhodes and I highlight how Resilience Bonds can help local, state, and federal government agencies and international development banks make the leap from disaster relief to resilience. Resilience Bonds are a variation on standard catastrophe bonds that connect financial protections in the form of catastrophe insurance with investments in on-the-ground risk reduction projects, like seawalls or building retrofits.

The benefits of connecting disaster risk reduction with existing insurance programs are well proven in the insurance industry…

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