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October 26, 2004—October 28, 2004. Managing Natural Disasters in Europe and Central Asia (ECA)

Massive losses from natural disasters in Eastern Europe and Central Asia (ECA) can be reduced by setting up a framework that integrates risk assessment, emergency preparedness, disaster prevention and catastrophe risk finance, says a new World Bank Working Paper released in Istanbul last week. From earthquakes in Armenia and Turkey to floods in Poland and landslides in the Kyrgyz Republic and Tajikistan, the paper estimates that, over the past 30 years, catastrophes cost the ECA region an estimated US$70 billion. The region launched Saving Lives and Property Through Hazard Risk Management: A Comprehensive Risk Management Framework for Europe and Central Asia at a workshop co-organized by the World Bank Institute and the Marmara University in Istanbul, Turkey. From October 26 to 28, more than 20 Eastern European government delegations, national experts on disaster management, Bank management, representatives from UNDP, the European Investment Bank, the Council of Europe, and the government of India met to share knowledge, exchange ideas and find improved tools to predict and minimize damage of natural disasters. Participants' discussions focused on risk assessment and mitigation, monitoring and warning systems, disaster management, and predicting macro-economic impact.

Type:	Summit/Conferences
Organizers:	International organizations, Academia
Participants:	International Organizations, Government(s), Academia
Theme:	Other
Countries:	Turkey, Russian Federation, Kazakhstan, Kyrgyzstan, Armenia, Poland, Uzbekistan
Locations:	Turkey
Open press:	No

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