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Hazards of Nature, Risks to Development: An IEG Evaluation of World Bank Assistance for Natural Disasters

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Publication date
26/07/2006
Number of Pages
236
Language:
English
Type of Publication:
Studies
Focus Region:
Global
Focus Topic:
Knowledge Management
Type of Risk:
Natural disasters
Type of Risk Managment Option:
Risk assessment
Commodity:
Other
Author
Independent Evaluation Group (IEG)
Organization
The World Bank

After a review of World Bank assistance for natural disasters in developing countries, this report recommends several adjustments to the way the Bank currently handles natural disasters. First, it suggests revisions to policy to better guide staff and enhance flexibility of Bank responses to natural disasters. Second, it encourages increased Bank capacity to respond to disasters and to ensure that it can be mobilized quickly. Finally, it recommends that the Bank prepare a strategy or action plan for natural disaster assistance that includes an assessment of each country’s level of disaster risk, and differentiation of approach on the basis of that assessment.