Managing Vulnerability to Natural Disasters and Financing in Costa Rica

1) Managing Vulnerability to Natural Disasters in Costa Rica The Government´s Disaster Risk Management Framework The law obliges other institutions and local governments to act under the direction and coordination of the CNE and to attend to the emergency, with priority on ordinary works. The main source of financing for emergencies, rehabilitation, and reconstruction is the National Emergency Fund, which is capitalized by mandatory transfers from public institutions and donations from various sources. In particular, the law mandates that all public institutions transfer 3% of their financial surplus or profit to the National Emergency Fund. 10 6

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