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Strengthening Disaster Resilience in Small States

Commonwealth Perspectives

image of Strengthening Disaster Resilience in Small States
Strengthening Disaster Resilience in Small States: Commonwealth Perspectives offers timely and expert analysis of differentiated exposure of small states to natural disasters, including an examination of specific interventions for strengthening small states' resilience to this phenomenon.

This book explores cutting-edge disaster risk reduction techniques useful for informing small states' economic and disaster risk management policies, with the aim of collating and sharing important lessons with member governments, and galvanising international efforts for reducing the impact of natural disasters.

This volume highlights transformative perspectives drawn from expert discussions and analyses of a select number of topics, including, environmental governance; information and communication technologies (ICT), capacity-building, gender and blockchain. The book also provides a ready and accessible resource for policy makers in small states, experts, academia, private sector, civil society as well as the general public.

English

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A Critical Analysis on the Capacity of Blockchain-Based Parametric Insurance in Tackling the Financial Impact of Climatic Disasters

This chapter shows that implementing parametric insurance on the blockchain can overcome efficiency and transparency gaps, and hence can scale up insurance penetration, especially in developing countries. Blockchain-based parametric insurance achieves this through disintermediation: it removes inefficiencies by automating the entire insurance cycle; and it increases the transparency of insurance data with secure, immutable distributed ledgers that transfer and aggregate data, and make that data publicly available.

English

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