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The Global Centre on Disaster Risk and Poverty (GCDRP) pursues its vision through research and outreach that enhances understanding of disaster risk, encourages policy reforms that facilitate risk management, and improves the use of ex ante risk mitigation and risk financing solutions.

GCDRP was borne out of the investigation and field experience of a group of experts working in close collaboration with Dr. Jerry Skees. This team recognized that reducing the economic consequences of natural disasters was significantly constrained by a lack of research and outreach that cut across disciplines, regions, sectors, and risks. GCDRP was formed to address this gap.

Envisaged as infrastructure for global collaboration, GCDRP houses some of the most experienced and highly regarded professionals in their respective fields. The team collectively provides expertise in economic development, risk assessment and modeling, financial modeling, climate science, climate change adaptation, insurance markets, inclusive finance institutions management, risk-transfer product development, banking and insurance law and regulation, and public policy.

Areas of Work

  • Climate change is increasing the frequency and severity of disasters in many regions. Increasing vulnerability tends to require long-term investment and production adjustments and can magnify the need for risk financing mechanisms. Interestingly, many regional climate anomalies can be forecast (e.g., extreme flooding and drought) with an increasing degree of accuracy. 

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  • Geographically concentrated financial institutions are vulnerable to highly correlated natural disaster risks. Natural disasters deplete the capital of financial institutions, reducing their ability to lend after an event and so delaying recovery. It is in this same post-event period when communities need credit most to rebuild. 

     

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  • International investment in food systems has increased value-added production and participation in international markets for small and medium enterprises (SMEs) in developing and emerging economies. Despite this progress, many SMEs are excluded from international value chains due to risk. 


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  • The effectiveness of emergency humanitarian aid is greatly determined by its timeliness and the resources available to first responders. As a result, human and economic losses increase due to delays in organizing funding and the delivery of in-kind support through supplies which may not meet on-the-ground needs. 

     

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From the State of the Knowledge Report 2011

Too often, weather index insurance projects focus almost exclusively on product design without paying sufficient attention to broader market development challenges. We contend that successful market development requires far more than just good product design.

Contact Us

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    1008 South Broadway
  • 1 859 489 6203
  • Fax: 1 815 642 0644