The program focuses on the intersection of climate science and national accounts. Upon completion, participants will be able to:

• Quantify Macro-Fiscal Impacts: Identify and estimate the direct (asset loss) and indirect (GDP, trade, and inflation) consequences of disasters on the national economy.
• Assess Contingent Liabilities: Differentiate between explicit (legally binding) and implicit (moral/social) fiscal obligations that arise following a disaster event.
• Analyze Transmission Channels: Understand how disaster shocks ripple through the economy, affecting r-star, debt-to-GDP ratios, and long-term investment.
• Design DRF Strategies: Evaluate and select appropriate Disaster Risk Financing (DRF) instruments, balancing risk retention (contingency funds) with risk transfer (insurance, cat-bonds).
• Mainstream Risk into Budgeting: Apply "Budget Tagging" and PFM tools to ensure disaster resilience is integrated into national development plans and procurement processes.

The course employs a "Policy-Lab" format, utilizing real data and stress-testing simulations to ensure practical skill acquisition.

• Fiscal Stress-Testing Simulation: Participants will use a mock national budget and apply a "Disaster Shock" to see how it impacts debt sustainability and service delivery.
• Expert Panel & Peer Review: High-level briefings from IMF/World Bank practitioners followed by "Peer-to-Peer Clinics" where officials from different countries compare their National Disaster Risk Financing strategies.
• Guided Worksheet Sessions: Hands-on exercises for drafting a "Statement of Fiscal Risk" specifically for climate-related hazards.
• Macroeconomic Modeling Walkthroughs: Demonstrations of input-output (I-O) and CGE models used to predict indirect economic impacts and recovery dynamics.
• Tabletop Budgeting Drill: A group exercise focusing on "Reallocation vs. Borrowing," where teams must balance the political and economic trade-offs of post-disaster funding.

•Government ministries & departments,
•DRF practitioners,
•Insurance sectors,
•Development institutions

$1,140 (without accommodation)
$1,464 [with accommodation (4 nights)]

Fees are inclusive of course materials (soft copy), cost of instructions and course certificate. For face-to-face training, fee is inclusive of morning and afternoon snacks and lunch during the course.

Interested individuals and organizations can register online at www.adpc.net/apply.

For more information about the course, you may also contact ApibarlBunchongraksa at apibarl@adpc.net and telephone numbers +66 22980681 to 92 ext. 132.