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June 2012

Seduced by disaster insurance? Don’t dive in

26 June 2012

by Tom Mitchell, Head of Climate Change, Environment and Forests, Overseas Development Institute, and Senior Advisor, CDKN

Under the leadership of the Mexican Presidency, disaster risk management featured on the ‘financing track’ of the G-20 discussions this week in Los Cabos, Mexico for the first time. Worries about record economic disaster losses in 2011, combined with Mexico’s long standing experience of disaster risk financing, have helped move the issue up the G20 policy agenda.

Informed by a 287-page edited volume from the World Bank-Mexican Government titled ‘Improving the Assessment of