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INCORPORATING EARTHQUAKE HAZARD ASSESSMENT AND MITIGATION INTO DEVELOPMENT PROJECT PREPARATION - Issues for Discussion

1. Which sectors should receive most attention and which sectors are most aware of the potential losses from natural disasters, i.e. agriculture, transportation, energy, industry?

2. In which countries is there the most concern about the impacts of these potential losses e.g. highly indebted, undiversified economy, highly urbanized, mountainous?

3. It is feasible to incorporate earthquake hazard assessments and mitigation measures into programming, feasibility studies, review mechanisms and project appraisal and what instruments would be most effective?

4. What experience is there with pre-Investment efforts designed to produce project proposals that were sensitive to earthquake hazards and what improvements would be useful in the way the project proposals are prepared?

5. Would guidelines geared toward these hazards, specific sectors and specific mechanisms for mitigation be useful? How might they be systematically put into practice?

6. What opportunity is there for incorporating earthquake probabilities and costs of mitigation into economic evaluation of projects? Are there other ways to incorporate these variables other than modifying cost-benefit methods?

7. What incentives will motivate development and lending agency project staff to consider these variables and contribute to the improved design of projects vis-a-vis disasters?

8. Are development assistance staff members sensitive to the criticisms about their practice in relation to earthquake hazards?

9. Do current financial conditions make development lending institutions more or less accountable for the losses that may be sustained by their investment projects which are impacted by disasters?

10. What pre-investment activities can agencies like OAS support that would enhance the consideration of natural hazards in project proposals to lending agencies?

11. Are there opportunities for joint natural hazards programs that would encourage cooperation between the members of the development assistance community?

12. How could such joint natural hazards programs be financed?

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