Wednesday, December 05, 2012

G20 ministers welcome OECD disaster risk assessment and financing framework


G20 Finance Ministers have welcomed a new OECD/G20 framework designed to help governments develop financial strategies for disaster risk management.

OECD Secretary-General Angel Gurría, speaking in Mexico City, said that “considering the increasing frequency and scale of disasters and their potentially important spill-over effects, disaster risk management is a very relevant area for international cooperation, including at the G20 level. Based on country examples and best practices, the framework offers a series of concrete steps to develop risk assessment as a key step for promoting risk financing strategies. It is voluntary, flexible, and non-prescriptive (read the full speech).”

See full Press Release: http://www.oecd.org/newsroom/g20ministerswelcomeoecddisasterriskassessmentandfinancingframework.htm