DRFF in the News
Sep 17
2019
On July 1st, 2019, the Caribbean Oceans and Aquaculture Sustainability Facility (COAST) fisheries insurance was launched. The Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) has issued the COAST insurance policy to both Grenada and St. Lucia. This innovative parametric insurance will provide payouts to fisherfolks so that they can recover quickly after weather-related events. In the long-term, this product will promote resilience in the fisheries sector and adoption of better and more... Keep reading
Apr 02
2019
March 12, 2019 Two students from The University of the South Pacific (USP) are the first in the world to complete a new World Bank Group online training ‘Disaster Risk Finance in the Pacific’. Mr. Alick Suimae of the Solomon Islands and Ms. Milika Kuruvakadua of Fiji completed the training in October 2018, and were officially recognised by the World Bank Group as the inaugural graduates in a presentation at USP last week. Ms. Kuruvakadua , who is undertaking a Bachelor of Commerce in Finance... Keep reading
Mar 26
2019
Barry Maher (Senior Financial Sector Specialist in Crisis and Disaster Risk Finance, FCI), moderated a panel on Financing Climate Resilience at the Africa Climate Resilience Investment Summit, which took place in Johannesburg from March 5-7. Key takeaways as follows from the panel discussions: 1) Financing climate resilience is a new and emerging area. MDBs are grappling on how to fully integrate targets and resilience investments into their strategies, lending and monitoring platforms; 2)... Keep reading