This report was jointly prepared by the Organisation for Economic Co-operation and Development (OECD) and the World Bank under a project to assess the progress, achievements and existing challenges in understanding and managing contingent liabilities for governments stemming from disasters.
The project was carried out by the High Level Risk Forum Secretariat in the OECD Public Governance Directorate led by Marcos Bonturi in cooperation with the World Bank’s Disaster Risk Financing and Insurance Program part of the Finance, Competitiveness, and Innovation Global Practice. The project was led by Cathérine Désirée Gamper (OECD) and Benedikt Signer (World Bank) under the guidance of Stéphane Jacobzone (OECD) and Oliver Mahul (World Bank). Contributions were received from Teresa Deubelli (OECD), Luis Alton (World Bank) and Juan Martinez (external consultant). Murray Petrie (external consultant) contributed to the development of the conceptual framework that led to the development of the case studies. Charlie Benson (Asian Development Bank) provided comments on the conceptual framework. Editorial support was provided Anne Himmelfarb, Randy Holden and Andrea Uhrhammer; Liv Gaunt and Raquel Paramo prepared the report for publication.
The team gratefully acknowledges input from Cigdem Aslan, Samantha Cook, Alfonso Garcia Mora, Hideaki Hamada, Samuel Munzele Maimbo and Abha Prasad from the World Bank, and Jon Blondal, Delphine Moretti, Masayuki Omote, Jack Radisch, Doug Sutherland and Leigh Wolfrom from the OECD.
The authors are grateful for contributions from the following colleagues: Anne Martin, Geoff Painton (Australia); Jennifer Arena, Angela Dong, Bill Matthews (Canada); Margarita Arías, Yenifer Alejandra Barragan Rojas, Andres Quevedo (Colombia); María del Pilar Garrido Gonzalo, Daniel Soto Castro, Adrián Moreira Muñóz (Costa Rica); Louis Boillot, Laurent Guérin (France); Shun Sakata, Setsuko Saya (Japan); Maya Camacho, Fernando Galindo Favela, Oscar Silva López (Mexico); Jessica Gonzales Vildoso, Jose Alfredo La Rosa Basurco (Peru) and Matthew Appleby and Sarah-Jayne McCurrach (New Zealand).
Findings and policy lessons from this report were presented at the Asia-Pacific Economic Cooperation (APEC) finance minister’s meetings in 2017 and 2018.
The project was carried out from June 2016 to October 2018 and benefitted from financial support from Switzerland’s State Secretariat for Economic Affairs (SECO) through the World Bank-SECO Single-Donor Trust Fund on Disaster Risk Financing and Insurance for Middle-Income Countries.