Elizabeth Toledo: Managing Disaster Risks for Fiscal Stability and Innovation

Elizabeth Toledo (Director of the Fiscal Risks Directorate of the General Directorate of the Public Treasury, Peru) discusses the importance of managing disaster risks as a critical fiscal challenge in Peru. She highlights how proper disaster risk management reduces disaster impacts, supports fiscal sustainability, enhances resilience, and lowers financing needs. She emphasizes the value of events like the Oxford Executive Education Program on Climate and Disaster Risk Finance for sharing experiences, fostering collaboration, and exploring innovative solutions offered by multilateral organizations and the insurance market as key mechanisms for risk mitigation.