Countries are becoming more aware of their need to improve financial resilience to disasters and to plan ahead. Here are 5 reasons why investing in pre-crisis financial risk management can ease post-disaster recovery needs:
Investing in pre-crisis financial risk management eases post-disaster recovery needs
Young girl in an evacuation center, 2009. Philippines. Photo: Jerome Ascano / World Bank Since natural disasters can strike anywhere and anytime, making far-sighted preparations is much more effective than scrambling to respond to a crisis. I recognized this after Hurricane Mitch ravaged Honduras an…
