Insights in DRM, issue 9: disaster risk financing in Panama - Protecting people, economy and international markets

A Practitioner’s perspective on disaster risk management in Latin America and the Caribbean, March 2015:

This issue explores Panama’s forays into disaster risk financing as a means to minimize the financial shocks caused by natural hazards, such as extreme rainfall and earthquakes. It explains why Panama continues to experience high growth rates, Panama’s government approach to developing a Strategic Framework for Financial Risk Management that mitigates, and the impact of future natural hazard events on Panama.

In addition, the issue highlights the successes, challenges and lessons learned from different disaster risk management interventions in Panorama. It seeks to educate readers on various aspects of disaster risk management (DRM) and demonstrates the impact of financing for a given project, program or initiative. The publication is geared toward DRM and development practitioners, as well as aficionados in government, private sector and civil society.