Relevance/rationale of the indicator (resp. why the indicator was chosen to measure the target and how it is suitable for these purposes) |
The Sendai Framework for Disaster Risk Reduction 2015–2030 was adopted by UN Member States in March 2015 as a global policy of disaster risk reduction. Among the global targets, “Target C: Reduce direct disaster economic loss in relation to global gross domestic product (GDP) by 2030” will contribute to sustainable development and strengthen economic, social, health and environmental resilience. The economic, environmental and social perspectives would include poverty eradication, urban resilience, and climate change adaptation. |
Target value of the indicator and its evaluation |
|
Definition |
This indicator measures the number of insured events and the amount of damage from property insurance caused by natural events. |
Measuring unit |
Number in thousands, mil. CZK |
Indicator disaggregation |
The number of insured events and the amount of damage disaggregated by individual natural events (floods, storms and hailstorms, weight of snow) |
Reference period (resp. the period to which the indicator relates) |
Year |
Related geographical area |
CZ (NUTS 0) |
Comment |
Data for indicator 1.5.2 are not available according to the relevant UN methodology. Therefore, a proxy indicator was designed, which can be used as a substitute for reporting indicator 1.5.2.
Compared to the original indicator, the proxy indicator "Insurance events in natural disaster insurance" focuses on a narrower, specific area of natural damage on the property insurance of citizens and entrepreneurs. |