DRFF in the News
Nov 23
2020
On November 23, in partnership with the European Space Agency (ESA)’s Center for Earth Observation (ESRIN), the Crisis and Disaster Risk Finance (CDRF) team at the World Bank Group (WBG), organized a webinar on Earth observation and big data for improved financial resilience , where a panel of satellite data and risk financing experts from the public and private sectors came together to discuss opportunities and challenges related to the use of new technology for risk financing applications... Keep reading
Nov 01
2020
The World Bank Group’s (WBG) Crisis and Disaster Risk Finance (CDRF) team hosted and convened Compound Risks: Combining COVID and Climate Shocks in Macroeconomic Models for Stranger Financial Resilience , a webinar which convened a curated group of macro-economists globally . Marcello Estevão, Global Director, Macroeconomics, Trade and Investment (MTI) Global Practice, WBG, opened the session which was chaired by Olivier Mahul, Practice Manager, Finance, Competitiveness and Innovation (FCI)... Keep reading
Aug 27
2020
Population growth, escalating concentration of assets, and climate change are increasing risk exposure and losses from natural hazards. Developing countries typically lack financial protection against the impacts of disasters and rely on retroactive budget reallocations, donor assistance, tax increases, or post-disaster loans to attempt to meet financing needs. In December 2015, the European Union (EU) and World Bank/Global Facility for Disaster Reduction and Recovery (GFDRR) signed a... Keep reading