- Tropical Cyclone Franklin - Aug 2017
- Hurricane Matthew - Sep 2016
- Hurricane Earl - Aug 2016
- Belize: Floods - Oct 2015
- Caribbean: Drought - 2015-2017
- Tropical Storm Ernesto - Aug 2012
- Tropical Storm Harvey - Aug 2011
- Hurricane Richard - Oct 2010
- Hurricane Paula - Oct 2010
- Tropical Storm Matthew - Sep 2010
AT A GLANCE
Region East Asia and Pacific
Risks Reversal of development gains post-disaster; long term economic and fiscal impacts
Area of Engagement Deepening financial protection
Following a successful pilot program, Pacific Island Countries established a sovereign catastrophe risk insurance company for the region, increasing resilience and access to short-term funds needed to respond to disasters.
HIGH VULNERABILITY, LIMITED BUDGETS
Resilient Transport Vital to Curb Disaster Losses in Small Island Developing States
Improved policies alone could reduce the impact of natural disasters on well-being by 13 to 25% in small island countries
BELIZE Earthquakes and Hurricanes RISK PROFILE
What is a country disaster risk profile?
An estimation of the potential economic losses to property caused by adverse natural hazards.
Country Disaster Risk Profile Applications
- Inform disaster risk financing
- Develop key baseline data
- Evaluate impact of disasters
- Promote and inform risk reduction
Safe roads and reliable transportation are critical in the event of a natural disaster. The Global Facility for Disaster Reduction and Recovery (GFDRR), along with the World Bank, has been working closely with the Government of Belize to increase the climate resilience of the road network and manage disaster risk by identifying priority investments.
RESULTS & ACHIEVEMENTS
• A $1.15 million grant from GFDRR and the Africa Caribbean Pacific-European Union National Disaster Risk Reduction (ACP-EU NDRR) program supported development of Belize’s National Climate Resilience Investment Plan (NCRIP) to help identify and prioritize mitigation investments in the country.
It resulted in the development of its first comprehensive national strategy to address climate resilience.
RESULTS & ACHIEVEMENTS
• In 2009, a $150,000 grant from GFDRR enabled the World Bank to galvanize over $200 million in disaster risk reduction investments in the Eastern Caribbean such as coastal protection, strengthening of schools and health clinics, improved drainage systems, and slope stabilization.