DRFF in the News
Jan 18
2023
The first Technical Master Class on Financial Protection of Public Assets was held on December 12 and 13, 2022 in Tagaytay, Philippines . Since a significant proportion of infrastructure and assets are publicly owned, governments often bear the brunt of the costs resulting from natural disasters. There is, therefore, a dire need for an efficient disaster risk finance (DRF) program that ensures a pre-arranged strategy to tackle the financial consequences of disaster impacts on public assets,... Keep reading
Dec 06
2022
The “Innovative Financial Solutions in Southeast Asia: Addressing the Financial Impacts from Climate Shocks and Disasters” event was held on November 29, 2022. The virtual session was part of the Understanding Risk Global Forum (UR22) satellite hub in Wellington, New Zealand hosted by the Institute of Geological and Nuclear Sciences (GNS Science) in association with the World Bank (WB). The session discussed innovations in disaster risk finance (DRF) in Southeast Asia, hosted an audience of... Keep reading
Nov 28
2022
The World Bank Group's COP27 special event “Global Shield Financing Facility: Learning from country experiences to inform future opportunities” took place at the World Bank Pavilion at COP27 on November 9, 2022. The event was also broadcasted live virtually and hosted over 100 participants (in-person and virtually). The event presented country projects supported by the Global Risk Financing Facility (GRIF) — the Horn of Africa (HoA) and Indonesia — and highlighted how these experiences and... Keep reading