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02 Sep 2011 description
report AlertNet

By Megan Rowling

LONDON (AlertNet) - Three Pacific island nations rank among the five countries most at risk of disasters, together with the Philippines and Guatemala, in a new index that measures social vulnerability as well as exposure to natural hazards and climate change.

Vanuatu and Tonga come first and second, with the Solomon Islands in fourth position. These low-lying Pacific island states are in a highly active seismic zone, as well as being under threat from sea-level rise, and judged to be poorly equipped to cope with disasters.

11 Aug 2010 description
report AlertNet

Written by: Anastasia Moloney

BOGOTA (AlertNet) - South Pacific nations threatened with rising sea levels linked to climate change are looking to adopt a regional disaster insurance plan based on a lauded Caribbean scheme which aims to soften the economic impact of natural catastrophes.

The World Bank launched the Caribbean Catastrophe Risk Insurance Facility (CCRIF), the first multi-country insurance scheme of its kind, in 2007, after Hurricane Ivan inflicted billions of dollars in losses on the region in 2004.

The scheme promises member governments prompt payouts after …