Authorities and experts discussed the assessments made by Caribbean governments of disaster events which occurred in the region from 2006 to 2013. The meeting took place from 25 to 26 February 2014 in Castries, Santa Lucia.
The meeting, convened jointly by the Economic Commission for Latin America and the Caribbean (ECLAC) and the Caribbean Catastrophic Risk Insurance Facility (CCRIF), was attended by representatives of ministries of Planning and Development of Caribbean countries, national response agencies and emergency management and civil society.
During the two days the disaster management experts explored several aspects related to the evaluation of damage and loss caused by those events. The ECLAC methodology, whose latest version will be introduced this year, discusses conceptual and methodological aspects of measuring, in economic, social and environmental terms, the damage that a disaster brings in capital and production flows of goods and services and the resulting temporary impacts that can be generated on the main macroeconomic and social variables.
In February 2010, the CCRIF and ECLAC signed a memorandum of understanding for collaborative activities in which both organizations seek to assist governments of the Caribbean States to adopt policies on disaster risk reduction and mitigation that minimize the socio-economic, physical and environmental damage caused by natural disasters.
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