Assessing Financial Protection against Disasters: A Guidance Note on Conducting a Disaster Risk Finance Diagnostic

This note provides guidance on how to conduct such a diagnostic exercise in a systematic and comprehensive manner, covering the following areas: 1) Assessments of the impact of past disasters; 2) Assessment of the current approach to disaster risk finance; 3) Review of domestic insurance and capital markets; 4) Funding gap analysis; and 5) Options for improved financial protection.