Question: Disaster risk financing involves developing financial mechanisms and instruments to manage the financial impacts of disasters, including risk transfer, insurance, and contingency planning. Investigate the

Disaster risk financing involves developing financial mechanisms and instruments to manage the financial impacts of disasters, including risk transfer, insurance, and contingency planning. Investigate the theoretical foundations of disaster risk financing, including concepts such as risk pooling, parametric insurance, and sovereign disaster bonds. How do policymakers and practitioners apply theoretical models of disaster risk financing to strengthen financial resilience, provide timely and adequate financial assistance to affected populations, and promote risk-informed decision-making in disaster risk management?

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