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Strengthening City Disaster Risk Financing in Viet Nam

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  • Asian Development Bank (ADB)
  • Asian Development Bank (ADB)

    (Sustainable Development and Climate Change Department, ADB)

  • Asian Development Bank (ADB)

    (Sustainable Development and Climate Change Department, ADB)

  • Asian Development Bank (ADB)

Abstract

Disaster risk financing instruments provide funding for disaster relief, early recovery, and reconstruction. Adequate financing arrangements are essential in ensuring timely recovery in the wake of disasters and in minimizing their impact on socioeconomic development. This paper presents a summary of a technical assistance project on the development of disaster risk financing solutions for the cities of Can Tho and Hue and, by extension, for other cities in Viet Nam. Many of Viet Nam’s cities face significant risk from natural hazards such as typhoons, flooding, landslide, and drought. The project included the development of disaster risk models, financing gap analysis, and review of legislative and regulatory considerations. Disaster risk financing solutions were identified, focusing on insurance, credit, and capital market instruments.

Suggested Citation

  • Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2015. "Strengthening City Disaster Risk Financing in Viet Nam," ADB Reports RPT157777-2, Asian Development Bank (ADB).
    • Handle: RePEc:asd:wpaper:rpt157777-2
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    Keywords

    can tho; hue; viet nam; vietnam; disaster risk financing; insurance; natural hazard; typhoon; flood; disaster; reconstruction; japan fund for poverty reduction; jfpr;
    All these keywords.

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