DRFF in the News
Feb 10
2023
WASHINGTON, Feb. 9, 2023— The World Bank announced today $1.78 billion in assistance to help relief and recovery efforts following devastating earthquakes and aftershocks in Türkiye that have already resulted in massive loss of life, injuries, and very significant damages in and around southeastern Türkiye. The World Bank has also commenced a rapid damage assessment to estimate the magnitude of the disaster and identify priority areas for recovery and reconstruction support, building on its... Keep reading
Feb 01
2023
WASHINGTON, January 30, 2023 – The World Bank’s Board of Executive Directors approved financing to support the Philippine government’s efforts to boost the resiliency and sustainability of its financial sector and strengthen economic recovery from the COVID-19 pandemic. The US$600-million Philippines Second Financial Sector Reform Development Policy Financing provides continuing support to three policy reform areas including strengthening financial sector stability, integrity, and resilience;... Keep reading
Jan 19
2023
The World Bank’s Disaster Protection Program and Global Shield Financing Facility (previously known as Global Risk Financing Facility) conducted a deep dive into Willis Towers Watson (WTW)’s input on the UNICEF Today & Tomorrow Initiative on January 19, 2023. The "UNICEF’s Parametric Policy for Tropical Cyclone" event was conducted both virtually and in person, in London. The speakers included Dr Simon Young (Senior Director, WTW Climate and Resilience Hub), Viktoria Seifert (DRF Associate... Keep reading