Serbia

Disaster risk finance country note: Serbia

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This disaster risk financing country note provides an overview of the way Serbia currently finances the costs of natural disasters. Having sufficient access to financial instruments and resources in order to respond to disasters is crucial for building the financial resilience of the country and minimizing the negative impact of natural disasters on Serbia’s economic growth.

The report provides:

•the background and country context, including the recent economic impacts of disasters;

•a review of the current institutional and legal framework for disaster risk management and financing.;

•a review of the public financial management of disasters in Serbia;

•a summary of financial resources available and a look at the potential resource gaps.