Project name:Fiscal Risk Assessment (FRA) studies in critical infrastructure sectors due to disasters at the national and state levels
This study aims to develop robust tools and frameworks for assessing both direct and indirect disaster related infrastructure losses through econometric and probabilistic risk assessments.
It compares infrastructure losses with fiscal resources to identify funding gaps and policy priorities. The Risk Assessment tools and Disaster Risk Finance (DRF) framework developed through this study will serve as a public good and be shared with the government to integrate risk assessment into budget management, thereby strengthening government decision-making and financial planning.
The study aims to identify and promote layered DRF interventions at sub-national and national levels, encompassing ex-ante and ex-post measures, to strengthen fiscal stability and financial resilience.
Location: India (Gujarat, Himachal Pradesh, Odisha, Tamil Nadu), Mauritius, Nepal, and Fiji.
Impact
1
A comprehensive resilience integration roadmap and guidance framework will be developed for 5,000+ infrastructure projects across Power, Railways, and Road line ministries, ensuring alignment with India’s National Infrastructure Pipeline (NIP).
2
This project will embed resilience principles into project planning, implementation, and long-term sustainability, fostering climate-adaptive, risk-prepared infrastructure that supports national development goals.
3
The project will develop scalable tools and frameworks that can be replicated in other infrastructure sectors and regions, thereby mainstreaming resilience in infrastructure development worldwide.