Fostering Catastrophe Bond Markets in Asia and the Pacific was prepared by Kensuke Molnar-Tanaka, Head of the Asia Desk of the OECD Development Centre, with valuable guidance by Director Ragnheiður Elín Árnadóttir. This publication was prepared by a core team composed of Kensuke Molnar-Tanaka, Prasiwi Ibrahim, Rahmalia Devita, Raluca Maran, Alexander Braun, Alexander Hume and Sonja Marki. Grendell Magoncia and Robin Peer, from the Asia Desk, provided excellent inputs and feedback. Serdar Celik, Fatos Koc, Pablo Antolin, Leigh Wolfrom, Timothy Bishop, Miles Larbey, Elena Miteva, Sona Lalayan, Chiara Monticone, from the OECD Directorate for Financial and Enterprise Affairs provided useful comments. Feedback from disaster agencies and research institutes in the region is gratefully appreciated, in particular from Raditya Jati and Oktavi Andaresta (BNPB), Zamakhshari bin Hanipah and Nurul ‘Ain Nabilah binti Azmal (NADMA), Jenaira Mae A. Jalasco (Department of Finance, the Philippines), Adoracion M. Navarro (PIDS), and Yingyue Wang (DRC). Many thanks go to Delphine Grandrieux, Elizabeth Nash, Melodie Descours, Aida Buendia and Henri-Bernard Solignac-Lecomte for facilitating the process of turning the manuscript into a publication.
The publication also benefited from discussions with experts and policy makers in the region and other international organisations. An earlier version of the report was presented at the Asian Regional Expert Meeting on Development, Disasters and Catastrophes (Am-DC) held in April 2023 in Singapore. The authors are grateful to Pan Tso-Chien (Nanyang Technological University), Jiseok Byeon (Ministry of the Interior and Safety, Korea) and the participants of the seminar for their valuable insights.
Support from the Japanese Delegation to the OECD in Paris, especially Tomoyuki Omori and Takeshi Goto, is greatly appreciated. Last but not least, the OECD Development Centre gratefully acknowledges the financial support received from the Ministry of Finance, Japan.