Sovereign Parametric Catastrophe Bonds as means to address the protection gap in emerging countries

Summary Of the $232bn. of economic losses from natural disasters in 2019, only $71bn. was insured. 35% level of catastrophe risk coverage in advanced countries downsizes to only 6% in emerging economies. Out of existing disaster risk finance arrangements, the Sovereign Parametric Catastrophe Bonds seem to be the most viable instrument for the ECIS region. […]

Tajikistan and the United States of America: Gardening a Tree of Friendship

A message from H.E. Mr. Farhod SALIM, Ambassador of Tajikistan to the United States of America The Republic of Tajikistan and the United States of America celebrated 25th anniversary of bilateral relationship in 2016. The United States was among the first countries to recognize the independence of Tajikistan in 1991. Since the establishment of bilateral […]