Government of Mexico's Disaster Risk Management Strategy
March 8, 2013 8:35 AM Subscribe
I know this is a long shot, but does anyone have information on how the Government of Mexico was able to convince it's citizens that investing in disaster risk management (DRM) insurance/cat bond schemes was worthy of their tax money?
posted by msk1985 to Law & Government (2 answers total) 1 user marked this as a favorite
Mexico is vulnerable to a number of catastrophic natural disasters, namely earthquakes. As part of their long-term strategy, the government decided to invest in insurance schemes and cat bonds to that payout if the natural disaster event were severe enough. Assessments of the merits of these investments aside, does anyone have information as to how (or if!?) if the Government of Mexico (GoM) was able to convince its taxpayers that premiums are a worthy use of money? I work on a DRM/weather insurance project at the UN, and I am trying to get a better understanding of what (if any) media campaigns were used to promote the idea of long-term DRM strategies, as opposed to reactionary approach. I know this is a long-shot, but any leads or contacts would be much appreciated!