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Designing a Disaster Risk Insurance Framework for Pakistan: Fund Design Options
As part of the “Developing a Disaster Insurance Framework for Pakistan” project, Pakistan plans to set up a Fund to ensure adequate financial resources are locked into place before disaster strikes. These resources would then be disbursed quickly to communities in need through climate risk insurance. In combination with other disaster risk management measures, insurance could increase the resilience of vulnerable, low-income people and bolster their ability to respond, adapt, and recover from climate stressors such as drought or flood.
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