Risk Sharing in Flood Management

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Risk Sharing in Flood Management

This Integrated Flood Management Tool introduces the topic based on a judicious combination of measures that address risk reduction, risk retention and risk transfer through a strategic mix of structural and non-structural measures for flood preparedness, response and recovery. Risk reduction options also include the questions how the cost of risk reduction measures can be equitably shared in society. The tool also delves into practices and examples for risk sharing methods including crop insurance, catastrophe risk insurance facility, and index based insurance.

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