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Advancing Disaster Risk Financing in Sint Maarten
Boyer, Mary Wielinga, Doekle Gunaskera, Rashmin de Kort, Rendell Wrede, Peter Whyte-Givans, Sophia Justiniano, Ivelisse Macabuag, Josh
Boyer, Mary
Wielinga, Doekle
Gunaskera, Rashmin
de Kort, Rendell
Wrede, Peter
Whyte-Givans, Sophia
Justiniano, Ivelisse
Macabuag, Josh
Keyword
Distaster risk finance
DRF
Public Financial Management
Fiscal disaster risk modelling
Insurance market
DRF
Public Financial Management
Fiscal disaster risk modelling
Insurance market
Location research
Caribbean
Date
2023
Language
English
ISSN
ISBN
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Research Projects
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Abstract
Historical losses due to hurricanes have been significant in Sint Maarten (SXM) since 1960, with the most severe impact having been experienced in 2017 following Hurricane Irma. The objective of this report is to provide recommendations to the Government of Sint Maarten (GoSXM) for the formulation of a country-specific comprehensive disaster risk financing (DRF) strategy based on the assessment of the legislative, financial management, fiscal, and insurance market environment in SXM. It is envisioned that this report will be used as a planning tool for the potential development of an all-encompassing DRF strategy that would equip the GoSXM with information and instruments to manage contingent liabilities posed by disasters.
Citation
Boyer,Mary Elinor; Wielinga,Doekle Geert; Gunaskera, Rashmin; De Kort,Rendell Ernest; Wrede,Peter Friedrich Wilhelm; Justiniano,Ivelisse; Whyte-Givans,Sophia Alicia; Macabuag,Joshua Lee David Clifton. Advancing Disaster Risk Financing in Sint Maarten (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099080323112522008/P1712370454d1b0b30b9120406a4b2437bf
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World Bank Group
Journal
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URI
https://hdl.handle.net/20.500.14473/920
DOI
https://doi.org/10.1596/40149