DRFF in the News
Mar 14
2024
On February 29, " An introduction to Takaful and lessons from the experience of the DRIVE project" virtual webinar welcomed 22 participants to learn about Islamic Insurance. The session aimed to increase awareness around takaful, providing a greater understanding of its concepts, Shari’ah compliance, and implementation, as well as reflections on factors driving the increasing demand for inclusive climate takaful. Alwaleed Alatabani , Practice Manager for the Finance, Competitiveness, and... Keep reading
Mar 13
2024
The financial losses caused by climate crises and disasters are on the rise, creating significant fiscal risk and budget volatility. The World Bank Group (WBG)’s Crisis and Disaster Risk Finance (CDRF) in collaboration with Fragility, Conflict & Violence (FCV) conducted the session “Crisis Risk Financing: Preparing to Respond to the Shocks of Tomorrow,” on February 29, 2024, as a part of Fragility Forum 2024 . Attended by 80+ participants (in-person and online), the session focused on the... Keep reading
Feb 27
2024
A two-day Disaster Risk Finance (DRF) training in the Philippines was conducted on 20-Feb and 22-Feb, 2024. The training was aimed at officials from the Department of Budget and Management (DBM) in the Government of Philippines. The training, which was attended by 14 participants, was held in support the government of Philippines who is in the process of developing their first Disaster Risk-Based Budgeting framework with support from the World Bank Group. This framework aims to institutionalize... Keep reading