Jamaica, World Bank point to importance of disaster risk management
Jamaica and the World Bank have highlighted the importance of understanding disaster risks and the need to have a robust financial plan to manage them.
The issue was the subject of discussion at a public forum, titled 'Facing the Fiscal Risk of Natural Disasters', held last week at the Jamaica Pegasus hotel in New Kingston.
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The forum also showcased Jamaica as a front-runner among all small island developing states in building resilience against natural disasters.
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“The whole population needs to understand risks. Today's public forum on disaster risk financing is an opportunity to find ways to minimise the impact of climate change and to help the country better manage risks and strengthen fiscal resilience,” [World Bank Vice-President for Latin America and the Caribbean Jorge Familiar] added.
Familiar congratulated Jamaica for its leadership in advancing the agenda of disaster risk financing and for developing a Financing of Disaster Risk Policy.