This report presents the rationale for and design of a city government disaster insurance pool in the Philippines. Insurance pools help governments enhance their financial preparedness for disasters, focusing on the provision of rapid post-disaster financing for early recovery. The Philippine City Disaster Insurance Pool was developed under the guidance of the Department of Finance as part of the 2015 Disaster Risk Financing and Insurance Strategy. It utilizes a parametric insurance structure, basing payouts on the occurrence of earthquakes and typhoons according to their physical features, rather than actual losses.

This guidance note underscores the importance of scaling up climate change resilience-building measures through community-driven projects. The poor and vulnerable populations suffer disproportionately from the adverse impacts of climate change and disasters, which result in loss of life, damage to household and community assets, disruption of livelihoods, and loss of income. Solutions that recognize localized risks and address them in the context of wider socioeconomic development are needed. This guidance note underscores the importance of scaling up resilience-building measures through community-driven development projects. It proposes a framework that recommends five key considerations that should be factored in the design and implementation of community-driven development projects to ensure that they deliver on scaling up of resilience-building measures.

If you think risk management is a bit of meaningless management-speak, this is the book for you. The world is full of risks and they all need managing. In fact, we all manage risks all the time whether well or badly. Every decision we make involves making some assessment of the risks involved. Risk management is simply an attempt at doing it more explicitly, scientifically and, hopefully, effectively. In this book, readers will learn more about the whys and hows of risk management, and examples of how not to do it. I have tried to explain it in everyday language and show how it can be applied in a small business to your advantage.