Adjusting to Circumstances with Technical Precision
Provision of appropriate Technical Assistance (TA) to the region is a high priority for PCRIC. TA available through PCRIC is designed to address recognised needs amongst the region’s island nations. These include:
- Elevation of the understanding and positive economic impacts of well-executed disaster risk financing and insurance
- Development of tools to support government-level decision making on financial solutions for climate and disaster risk
- Provision of relevant technical training designed to strengthen post-disaster public financial management including post-
- Disaster budget execution, mobilization and reporting
- Promotion of regional knowledge sharing.
Over time it is expected that PCRIC’s TA program will result in:
- Improved institutional capacity across the region to develop and implement disaster risk financing strategies
- New product development to complement existing options
- In collaboration with the private sector, expansion of domestic and regional insurance markets
- Increased regional collaboration in the area of disaster risk finance.
