The target is $80m-$190m of fully-collateralized disaster risk financing
The goal is to raise the disaster resilience of the country
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World Bank starts work on up to $190m Nepal parametric quake catastrophe bond project
 The World Bank has begun work on a proposed project to deliver a parametric earthquake catastrophe bond for Nepal, targeting US $80 million to US $190 million of fully-collateralized disaster risk financing from the capital markets for the South Asian country.
The Nepal Catastrophe Bond Project appears to be in its nascent stages, with preparatory analysis looking at the feasibility and assessing the potential impact of delivery of a parametric earthquake cat bond for the country.
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