DRFF in the News
Mar 14
2024
Indonesia frequently faces natural disasters such as earthquakes, tsunamis, and volcanic eruptions, to the extent that it is often referred to as the “supermarket of disasters”. This necessitates robust disaster risk finance (DRF) strategies to mitigate the financial impacts of these events and enhance resilience. The “ Executive Education Program on Disaster Risk Finance for Indonesia ”, held from March 4 to 7, 2024, at the historic Institut Teknologi Bandung (ITB), Indonesia, marked a key... Keep reading
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