Capacity Building for Disaster Risk Finance

The expected impact of the TA is improved government preparedness for disaster relief and rehabilitation, and outcome is the government is better positioned and equipped to plan disaster relief and rehabilitation. The TA outputs include (i) catastrophe risk profiling of Bangladesh carried out, (ii) funding gaps for disaster response estimated, (iii) detailed design of the risk finance solutions developed, and (iv) knowledge-sharing workshops on disaster risk finance conducted.

Working closely with the team leader, the specialist will:

1. Review the existing risk models and hazard maps and assess and categorize disaster risks by type and severity at national and district levels.
2. Identify and seek to fill gaps in existing risk data.
3. Develop improved data on exposure and vulnerability.
4. Integrate data on likely scenarios for climate risks over the next 30 years.
5. Combine results into a comprehensive risk profile, addressing key indicators of hazard exposure; physical, social, and economic vulnerability; and estimates of potential disaster losses.
6. With the international disaster risk finance specialist and team leader, identify capacity development and training needs for disaster risk finance and carry out capacity development activities based on the government’s priorities.
7. Provide guidance and ensure that the quality of TA outputs by the disaster risk finance specialist and the public disaster risk finance specialist are consistent with the country’s legal, regulatory, and policy structures.

The expert is expected to provide inputs to the disaster risk finance specialist/team readers for the inception, interim, draft final and final report incorporating above, workshop proceedings, meeting minutes, briefs and articles, as reasonably requested by the team leader.