Online course: Financial strategies for managing the economic impacts of natural disasters

Training Course
Earthquakes and Megacities Initiative (EMI); Global Facility for Disaster Reduction and Recovery, the (GFDRR)
15 Jul - 14 Aug 2013

Course description:

The FINSTRAT or 'Financial Strategies for Managing the Economic Impacts of Natural Disasters' is a specialized distance learning course that focuses on the financial, economic and development impacts of disasters, and trade offs (costs and benefits) involved in disaster risk financing. It provides policy makers and disaster managers with tools and institutional designs for improved planning and budgeting processes, as well as national macroeconomic projections. Course objectives:

The course aims to improve the participants’ understanding of:

  • Main concepts of pro-active financial disaster risk management;

  • Nature of economic losses and the ways disasters affect economic growth and ultimately economic development;

  • Different coping mechanisms such as family, community and government assistance, and possible forms of insurance and risk transfer;

  • When and how governments should insure critical infrastructure and other public assets;

  • Methodologies that are available to explore what type of risk transfer instrument can be used to secure public assets;

  • Selected national public-private insurance systems and other pre-disaster arrangements for providing post-disaster assistance to households and businesses.

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Event fee


Target audience

The course is open to, policymakers, government officials, disaster risk management professionals, development practitioners, consultants, researchers and specialists of training and academic institutions, and NGO representatives, who are interested in acquiring knowledge on risk financing and disaster risk management (DRM) and their linkages to sustainable development challenges.

How to register

Please register online.

Deadline to apply is 12 July 2013.


Private Sector, Insurance & Risk Transfer, Economics of DRR
VI Regional Platform for Disaster Risk Reduction in the Americas, Cartagena, Colombia 20-22 June 2018 VI Regional Platform for Disaster Risk Reduction in the Americas, Cartagena, Colombia 20-22 June 2018.
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