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Natural disasters proneness poses special problems

Due to the fact that SIDS are highly exposed to external shocks,

they should assign major importance to resilience-building

policies and should embed such policies into their national plans

and strategies.

In the case of natural disasters, the integration of risks into

financial planning, not only to cover short-term recovery but

also longer-term investment in disaster mitigation measures ,

including, building disaster resilient structures, and enhancing

disaster preparedness..

Disaster insurance has proved to be a tricky issue and the donor

community should be more supportive in this matter than they

currently are. A regional approach in disaster insurance might

also render insurance possibilities more feasible.

8. Implications of the V&R framework and Concluding remarks