Every monsoon, cyclone season, and heatwave now carries a credit implication. A borrower who was “standard” in March can be under severe financial stress by August, not because their business model failed, but because a flood took out their inventory, Read More …
Tag: disaster risk
Disaster Related Credit Risk: How Banks Should Redesign Borrower Assessment
Growing Disaster Risks Lead to Tighter Construction Insurance Conditions in India
India’s construction insurance market is witnessing tighter underwriting conditions as insurers respond to increasing climate-related and natural disaster risks. Rising incidences of floods, cyclones, landslides, and extreme weather events are prompting insurers to reassess risk exposures associated with infrastructure and Read More …
Mexico Deploys AI to Strengthen Disaster Risk Management
Mexico is leveraging artificial intelligence (AI) to enhance its disaster risk management capabilities, aiming to improve preparedness, response, and resilience against natural hazards. According to the report, AI technologies are being used to analyse large volumes of data related to Read More …
Addressing Gender-Based Violence in Disaster Risk and Climate Resilience Efforts
Efforts to build disaster resilience and climate adaptation must increasingly address gender-based violence (GBV), as highlighted in recent findings focused on India’s development goals for 2030. The report underscores that disasters and climate-related risks often disproportionately impact women and vulnerable Read More …
Disaster Risk Financing Key to Strengthening Africa’s Resilience
Disaster risk financing is emerging as a critical tool to support Africa’s development and strengthen resilience against climate and disaster-related shocks. As the continent faces increasing exposure to extreme weather events and natural disasters, innovative financing mechanisms are becoming essential Read More …