A Brighter Future for Global Disaster Response?
Pre-arranged financing is more cost-effective than reactive aid – what will it take to scale it up before the next crisis strikes?
About This Episode
Hurricane Beryl left a trail of destruction across the Caribbean – homes torn apart, power lines downed, entire communities devastated. But this time, something was different.
Just eight days after landfall, a record $55.5 million in prearranged insurance payouts was triggered, delivering emergency funds when they were needed most.
Could this be the future of disaster response? In this episode of Counter Crisis, Jeevan Vasagar speaks to Elizabeth Riley and Colin Bruce about why prearranged financing is more cost-effective than reactive aid – and what it will take to scale it up before the next crisis strikes.
Available on Spotify and Apple Podcasts.
Counter Crisis is brought to you by the Centre for Disaster Protection, which helps countries find better ways to manage disaster risk – protecting lives, livelihoods, and economies before crisis strikes.
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