Consultancy on Understanding Existing Methodologies for Allocating and Tracking DRR Resources in 6 Countries in the Americas: (Colombia), Costa Rica, Guatemala, Mexico, Panama and Peru Final Report
This Final Report puts together the lessons learned from the study of five (six) national experiences on methodologies for allocating and tracking disaster risk reduction (DRR) resources. The study took place from August to October (November) of 2012 and included country visits and a workshop with national delegations. The Consultation Forum “Understanding Public Investment for Disaster Risk Reduction”, that took place in San Cristobal de las Casas, Chiapas, Mexico, on September 27th and 28th, brought together teams of state officials who are carrying out the implementation of novel DRR instruments reported here.
Overall, the comparative study of this set of Latin American countries shows a regional trend and national variation. First, the regional trend is with respect to the implementation of budgetary and planning policies to increase, improve and quantify public investment for DRR, and disaster risk management broadly understood. Without exception, all national public finance systems are immersed in processes to achieve Hyogo-set goals. However, processes are at early stages so that their overall impact on public finance systems is still marginal.
Secondly, the national variation is with respect to the form that DRR policies and instruments take. National experiences are different. In particular, Mexico has made remarkable progress in developing a financial protection strategy, which entails developing a financial market for disaster risk. Other countries, such as Peru and Costa Rica, have done significant progress in developing methodologies and rather comprehensive risk analysis toolkits to feed their national system of public investment planning. Paradoxically, while Mexico has not advanced in incorporating DRR criteria in its federal-level system of investment planning, Peru and Costa Rica have not pursued
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the financial management track. Guatemala and Panama offer exercises of DRR-tracking (Peru is a nuanced third case), which are still preliminary. The finance bureaucracies of these last set of countries are also eager for making progress on public investment planning and financial management aspects.
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