Executive Summary - GFDRR

• Modification in the Statutory Law of civil
rights and obligations in risk reduction and
management. Assigning citizens the responsibility
of knowing and managing the risk
they are exposed to due to the probability of
a natural disaster occurrence.
• Other regulations related to the public administration
sector such as (i) analyzing
the risks and alternatives from the projects’
prefeasibility, incorporating the subject in
the BPIN norms; (ii) regulating concession
contracts and in particular complying with
Conpes 3107 of 2001, assigning responsibility
to the private investor for natural event
disaster risk management, as a transferable
risk through insurance policies or other financial
instruments; (iii) stipulating technical
regulations for each sector, for example,
updating bridge codes and tunnel regulation;
finalizing the implementation process of the
Risk Management Chapter found in the
Technical Regulations for Drinking Water
and Sanitation Sector (RAS), among others;
and (iv) articulating strategies in the agriculture,
mining, and environmental sectors to
regulate and apply the recent Environmental
Sanctioning Regime in the illegal activities of
deforestation, desiccation, wetland invasion,
alteration of a river’s course, etc.
Design and implement an integral
strategy for the financial security of the
State at the sectoral and territorial level
with the purpose of guaranteeing an adequate
response when there is a disaster and
protecting the country’s financial balance
on a long-term basis. Endorse a financial
protection strategy so that it will at least be
able to provide annual resources to cover disasters
that may take place during the course
of the year high-frequency/low-cost and lowfrequency/high-cost),
even though there is
not enough information to reliably assess the
needed amounts. In any case, the estimate of
these resources depends on the definition of
the State’s responsibilities and how efficiently
these are executed. In addition to the Central
State’s strategy, it would be convenient to promote
risk management funds and financial
protection strategies at the sectoral and territorial
levels (municipalities and departments).
Clarify, from the regulations, the procedures
and mechanisms as to how private agents
participate in the different phases of risk management.
The current System anticipates the intervention
of private agents in risk management,
but with insufficient development and lacking the
conditions to apply it. This clarification could include,
among others, the following elements:
• Obligations of private and public agents in
the preventive phase, as referred to in Articles
8 and 9 in Decree 919 of 1989, or in dealing
with the results of damages that have not
been used, with the exception of the partial
development that Bogota 17 has had.
• Specific modifications in risk management
in the Citizen Participation in Statutory Law,
taking into account that every individual
should “act in accordance to the principle
of social solidarity and responding with humanitarian
actions to situations that may
endanger life or health of the population”
(numeral 2, Article 95 CP).
• Design and implement a strategy where the
State, the insurance sector, and the private
sector are included in order to reinforce insurance
penetration in Colombia. This should be
done in order to increase insurance coverage
17 Decree 332 of 2004, which organizes the regime and the system for prevention
and emergency assistance in Bogota.
38 EXECUTIVE SUMMARY. ANALYSIS OF DISASTER RISK MANAGEMENT IN COLOMBIA: A contribution TO the creation of public policies