DRFF in the News
Sep 28
2021
The fourth webinar of the Global Risk Financing Facility (GRiF) Technical Talks took place virtually on September 22, 2021. The webinar featured an in-depth discussion on Start Financing Facility, the financial infrastructure of the Start Network. Nicola Jenns (Disaster Risk Finance Advisor, Foreign, Commonwealth & Development Office (FCDO), UK) presented the opening remarks and discussed the importance of Start Financing Facility (SFF). Emily Montier (Head of Crisis Anticipation and Risk... Keep reading
Sep 27
2021
On September 21, 2021, in partnership with Switzerland's State Secretariat for Economic Affairs (SECO), the World Bank Group's (WBG) Disaster Risk Financing and Insurance Program (DRFIP) hosted the 4th session of the Knowledge Exchange Series. The session focused on the role of sovereign disaster risk insurance and considerations for development and implementation of sovereign disaster risk insurance programs such as public assets insurance, agriculture insurance, and sovereign catastrophe risk... Keep reading
Sep 13
2021
The World Bank (International Bank for Reconstruction and Development, or IBRD) priced a catastrophe bond that will provide the Government of Jamaica with financial protection of up to US $185 million against losses from named storms for three Atlantic tropical cyclone seasons ending in December 2023. Dr. The Hon. Nigel Clarke, Minister of Finance and the Public Service, Government of Jamaica, said, "The Government of Jamaica has strategically prioritized Disaster Risk Financing to mitigate the... Keep reading