Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of risk for these natural disasters.
Flash floods last December hit the Balkan Peninsula hard. With heavy rain pushing the River Drina to its highest level in 100 years, more than 40 000 people were evacuated from their damaged or
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