High-Level Summary Technical Assistance Reports

Bangladesh: Disaster Risk Financing

By Suphachol Suphachalasai, Barry Maher, Danielle N Minnett, Junko Mochizuki

April 4, 2025

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Format: Chicago

Suphachol Suphachalasai, Barry Maher, Danielle N Minnett, and Junko Mochizuki. "Bangladesh: Disaster Risk Financing", High-Level Summary Technical Assistance Reports 2025, 014 (2025), accessed April 5, 2025, https://doi.org/10.5089/9798229004558.029

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Summary

Disasters have posed significant economic costs to Bangladesh, and financing needs associated with disaster response are estimated to be substantial. Bangladesh has put in place fiscal mechanisms, social protection programs, and financial instruments to respond to natural disasters. While the country has adequate resources for recurrent disasters, financing gap for moderate and severe disasters remains large. The government could strengthen fiscal policy mechanisms to help close the financing gap and make social programs more shock-responsive and scalable in times of disaster. Bangladesh could also better leverage financial sector instruments to enhance disaster resilience.

Subject: Disaster aid, Economic sectors, Environment, Financial institutions, Financial Sector, Foreign aid, Insurance, Natural disasters

Keywords: Climate change, Disaster aid, Disaster risks, Financial instruments, Financial sector, Fiscal policy, Fiscal space, Insurance, Natural disasters, Public finance, Social protection

Publication Details

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