FONDEN: Mexico’s natural disaster fund – A review

This report aims to share Mexico’s considerable achievements on financial management of natural disasters with other governments. The report outlines the evolution of FONDEN to date and highlights aspects of particular bearing and applicability to other disaster-prone countries. The report is of particular relevance to middle-income countries but also contains important messages for both high- and low-income countries. It is hoped that this report will contribute to the dialogue on financial disaster risk management and inspire innovation elsewhere, leading to the improved financial management of natural disasters around the globe.