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Creating Financial Resilience in the Aftermath of Natural Disasters

Summary

The paper focuses on establishing financial resilience in the aftermath of natural disasters. By intervening following a single or consecutive disaster, Project Porchlight provides essential support, tools, and education through financial counseling to aid victims in achieving complete financial recovery. This assistance not only assists in navigating bureaucratic hurdles but also imparts skills that extend beyond the immediate aftermath, positively influencing survivors' long-term financial trajectories. Project Porchlight stands out in contributing uniquely to comprehensive disaster recovery initiatives by addressing the critical component of financial well-being. This is essential for communities to recover, heal, and enhance resilience in light of the growing frequency and intensity of natural disasters.

Categories:

Report


Publisher:

Money Management International


Published Year:

2021