Indonesia has pioneered two key financial instruments to mitigate disaster risks.

The Pooling Fund Bencana and the State Assets Insurance Program now cover over 10,000 government buildings, showcasing a robust approach to risk management. These initiatives not only protect public assets but also serve as models for other nations grappling with similar challenges.

These programs help ensure that critical infrastructure remains intact after disasters, reducing recovery times and costs.

The long-term vulnerability of Indonesia's infrastructure could be significantly reduced if these financial mechanisms are expanded and adopted more widely.

Can local infrastructure withstand future compounding shocks?

Expanding the Pooling Fund Bencana and State Assets Insurance Program to cover more assets will bolster resilience against natural disasters. However, continued investment in these programs is crucial for long-term sustainability.

Expansion of current programs is key.