Pakistan NDRMF Consultant Disaster Risk Financing
While Pakistan faces significant disaster risk and an increasing rate of occurrence of hazardous eventsi there is very limited understanding of instruments for Disaster Risk Financing (DRF), like insurance soveretgn risk transfer and preparedness for budget reallocations The DRF Consultant will assist the National Disaster Risk Management Fund (NDRMF) in disaster risk modelltng work including the formulation of a national DRF strategy for Pakistan and DRF instruments which can support Government's efforts to better manage the risks and their significant financial implications.
| Land/Region | Thema | Periode | Budget |
|---|---|---|---|
|
Pakistan |
Klimawandel & Umwelt
Reduktion von Katastrophenrisiken DRR
|
01.09.2018
- 31.12.2019 |
CHF 150’000
|
- Assist the NDRMF in the development of a DRF Strategy by drafting a Road map, reviewing existing DRF activities/instruments, preparing the recruitment of DRF consultants / firms and guiding I coordinating their work;
- Assist the NDRMF in initiating the DRF Strategy implementation through pilots;
- Assist the NDRMF in assessment and improvement of DRF legal framework and guidelines on post-disaster budget-execution,
- Support the NDRMF in planning and execution of knowledge events and actions to support the establishment of an insurance culture in the country.
- Schweizerischer Privatsektor
-
Sektor nach Kategorisierung des Entwicklungshilfeekomitees der OECD DISASTER PREVENTION AND PREPAREDNESS
Sub-Sektor nach Kategorisierung des Entwicklungshilfeekomitees der OECD Katastrophenprävention und Katastrophenschutz
Querschnittsthemen Krisenprävention
Projekt unterstützt auch Verbesserungen in der Partnerorganisation
Unterstützungsform Projekt- und Programmbeitrag
Projektnummer 7F09837
| Hintergrund | Pakistan is one of the most vulnerable countries worldwide to natural hazards and has faced major disasters in the recent past including earthquakes floods, droughts and glacial lake outburst floods These disasters incur a high cost of recovery rehabilitation and reconstruction and have significant financial implica-tions for the country and highlight the country's inadequate financing and risk management capacity including financing mechanisms and risk transfer solutions such as insurance. Due to the lack of an insurance culture and market, the overall insurance penetration has remained less than 1% over the last few years which is one of the lowest levels of penetration in the region. SDC's Disaster Risk Financing Expert will support the DRF activities of the National Disaster Risk Management Fund, to which SDC is also financially contributing with 1.5 Mio CHF through the Asian Development Bank ADB. |
| Ziele | To enhance Pakistan's resilience to extreme weather events and other natural hazards. |
| Zielgruppen |
Direct: governmental stakeholders involved in DRF private insurance companies and potential private sector users Indirect: disaster affected vulnerable population of Pakistan |
| Mittelfristige Wirkungen | Enhanced DRF capacity of the NRDMF to design and implement a national DRF strategy and DRF instruments. |
| Resultate |
Erwartete Resultate: |
| Verantwortliche Direktion/Bundesamt |
DEZA |
| Kreditbereich |
Humanitäre Hilfe |
| Projektpartner |
Vertragspartner Privatsektor |
| Koordination mit anderen Projekten und Akteuren |
National Disaster Risk Management Fund, with particular focus on the DRF team; Government of Pakistans with focus on relevant Ministries (Ministry of Finance, Securities and Exchange Commission Pakistan, NDMA among others) ADB Pakistan |
| Budget | Laufende Phase Schweizer Beitrag CHF 150’000 Bereits ausgegebenes Schweizer Budget CHF 148’454 Projekttotal seit Anfangsphase Budget inklusive Projektpartner CHF 150’000 |
