Deadline: 06-Jun-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
The following Terms of Reference (ToR) describes the requirement of the project to update the regional hazard and exposure database of 14 countries that underpins the PCRAFI Insurance Program. The PICs have limited capacity in this area and the engagement of a firm with regional experience in hazard and exposure databases will assist them to build their capacity in this area to undertake the work going forward. In 2010, the WB began implementing the Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI), a regional technical assistance activity to lay down the foundation for a regional catastrophe risk pool for PICs, primarily to establish a regional repository of hazard and national exposure data (e.g. public infrastructure, buildings, homes; land-use, etc.) required to assess the viability of pooling climate and disaster risk across 14 PICs. The model that would contain the data has already been developed, piloted, and used in determining pay-outs over the past three years. However, the data is from 2010 and must be updated as soon as possible for the model to accurately protect household, business and government assets that face exposure to disaster related risks.