Disaster Risk Management Strategy and Plan of Action - Caribbean ...

Regional Disaster Risk Management Strategy for the Tourism Sector in the Caribbean – Final
Risk transfer instruments available for potentially high loss levels could include:
• Disaster Insurance and Reinsurance
• Catastrophe (CAT) Bonds
• Weather Derivatives
3.1.4 Tourism Sector Regional Mitigation Strategic Objectives
Given the Goal for the Strategy and Plan of Action, the three key RSOs related to Mitigation are presented
and discussed below:
RSO 1:
To promote the availability and use of natural hazard risk information in the tourism sector.
Risk identification and assessment rely on, among other aspects, the application of a methodology to
determine the nature and extent of risk by analysing potential hazards and evaluating existing conditions of
vulnerability that together could potentially harm exposed people, property, services, livelihoods and the
environment on which they depend. Standardized HRVA 33 process(es) and associated tool(s), which can
be utilized for these purposes, could then also be adapted to the differing national contexts in which they
would be applied at various levels. Further, risk information that emerges from application of such
processes and tools could be integral for planning, decision making and programming.
Activities:
Key activities related to RSO 1 at the Regional level:
• R1.1 Develop a regional risk information system for the tourism sector
• R1.2 Development of a standard HRVA Tool in the tourism sector
• R1.3 Integrate risk information into regional tourism policies, plans and programmes
• R1.4 Incorporate risk identification into tourism curricula of tertiary education in the region
Key activities related to RSO 1 at the National level:
• N1.1 Promote National Adaptation and utilization of the HRVA Tool
• N1.2 Integrate risk information into national tourism policies, plans and programmes
• N1.3 Promote community level HRVA by conducting workshops
• N1.4 Promote tourism site level HRVA using results from community HRVA
RSO 2:
To promote adherence to land use planning regulations and building codes in the
development of new tourism infrastructure and retrofitting of older infrastructure not built
to an approved code.
33 Please see the Glossary for the definition of HRVA. There are a number of HRVA Tools available with varying
degrees of complexity depending on the scope of the assessment. Ideally, a simple HRVA Tool to be used at the
tourism establishment level would use information generated by a community level assessment, which in turn would
use information from a country level assessment. Each of these assessments would use different HRVA tools.
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