Assessment of Contingent Liabilities from Natural Disasters in Nepal

The Assessment of Contingent Liabilities from Natural Disasters in Nepal report identifies and estimates the Nepal government’s contingent liabilities from natural disasters. It provides an overview of the current risk landscape and identifies challenges in managing disaster risks. Finally, it offers options on how to strengthen the management of disaster-related contingent liabilities. Expenditures made in response to disasters are referred to as disaster related contingent liabilities (OECD 2017) and arise only if a disaster happens. This report uses two methodologies to estimate the value of the government’s contingent liabilities from natural disasters: direct estimation, using historical expenditure data, and indirect estimation, using probabilistic modeling.