Credit risk is best hedged through diversification across uncorrelated credits.

The point at which credit risk becomes exchange rate redenomination risk is ambiguous.

New developments include partnerships in the Economic Community of West African States (ECOWAS) to promote disaster risk reduction and to design subregional common policies on disaster risk reduction.

(i) The promotion of a culture of prevention, including through the mobilization of adequate resources for disaster risk reduction, is an investment for the future with substantial returns.

We reaffirm the vital role of the United Nations system in disaster risk reduction.

The secretariat of ISDR uses satellite imagery in disaster risk reduction.

(d) Disaster risk reduction diminishes the need for humanitarian emergency interventions in the aftermath of disasters

Recognizing that disaster risk reduction is a cross cutting issue in the context of sustainable development,

Recognizing that disaster risk reduction is a cross cutting issue in the context of sustainable development,

Emphasizing that disaster risk reduction, including reducing vulnerability to natural disasters, is an important element that contributes to the achievement of sustainable development,

Recognizing that disaster risk reduction is a cross cutting issue in the context of sustainable development,

Eating a diet rich in whole grains could also help reduce the risk of heart disease .

Insurance companies and pension funds, on the other hand, have limited capacity for credit risk, but more for market and liquidity risks.

Emphasizing that disaster risk reduction, including reducing vulnerability to natural disasters, is an important element that contributes to the achievement of sustainable development,

The Council reiterates the importance of curbing the growing risks of instability along some border areas.

(a) Ensure that disaster risk reduction is a national and a local priority with a strong institutional basis for implementation

More relevant to the Peacebuilding Commission, however, is the issue of risk reduction.

They also emphasized that adaptation to climate change in reducing disaster risk was a priority.

Recognizing also the need to integrate a gender perspective in the design and implementation of all phases of disaster risk reduction management, with a view to reducing vulnerability,

But they remained underinsured against domestic credit risks the leading threat to emerging economies today.

7. Stresses that, in order to reduce vulnerability to natural hazards, risk assessments should be integrated into disaster risk reduction programmes at national and local levels

A culture of disaster risk reduction must be fostered at all levels, ranging from the individual to international levels. Human societies have to live with the risk of hazards posed by nature.

Emphasizing that disaster risk reduction, including reducing vulnerability to natural disasters, is an important element that contributes to the achievement of sustainable development,

(c) Disaster risk reduction is an integral part of sustainable development and one of the essential prerequisites for the achievement of the Millennium Development Goals

More generally, the rapid expansion of credit risks increasing inflationary pressure and fueling the formation of asset bubbles.

9. Takes note of all the regional and subregional initiatives developed in order to achieve disaster risk reduction, reiterates the need to develop regional initiatives and risk reduction capacities of regional mechanisms and to strengthen them, wherever they exist, and encourages the use and sharing of all the existing tools

But, while banks with short term funding and many branches originating loans have a deep capacity for holding credit risks, they have a limited capacity for holding market risks, and little capacity for holding liquidity risk.

It is particularly encouraging to see initiatives in regions previously less active in the area of disaster risk reduction.

Emphasizing that disaster risk reduction, including reducing vulnerability to natural disasters, is an important cross cutting element that contributes to the achievement of sustainable development,

Such a mini bargain would go a long way toward reducing the risk of a serious US recession.

Its objective is to limit the risk of episodes of financial distress with significant losses in terms of real output for the economy as a whole.

This suggests that the findings and methodologies applied in the E RISC project bring added value to traditional sovereign risk analysis, by providing insights into relevant but currently unaccounted for parameters.

Africa s potential can be harnessed only by adaptation to climate change, using disaster risk reduction mechanisms.

The Conference attracted worldwide attention and assumed an unprecedented level of significance with regard to disaster risk reduction.

By showing who is weak and who is strong, proper stress tests would also limit counterparty risk.

In advanced countries, governments will eventually be forced to reduce spending, and central banks will withdraw from emergency credit provisions and guarantees.

Usually, the bank takes months to process the application, and may demand a bribe even in the unlikely event it is willing to take on the credit risk.

Credit Where Credit is Due

Countries like Bangladesh and Mozambique have proven that disaster risk reduction and preparedness can be a life saving investment.

Intensive screening of blood donors and testing of donated blood have reduced the risk of transmission through transfusion.

(e) Investment in disaster risk reduction thus enhances sustainable development and enables humanitarian assistance capacity to be applied more effectively

States are called upon to build a strong sense of ownership in the area of disaster risk reduction within their populations and support of local Governments capacities.

This new legislation should help minimize property disputes that have the potential to threaten social peace and cohesion.

Disaster risk reduction, peace building, and conflict prevention were, therefore, as important before, during and after a disaster.

Unfreezing Credit