DRFF in the News
Mar 07
2023
ANKARA, February 27, 2023— The two very large earthquakes of February 6 caused an estimated $34.2 billion in direct physical damages in Türkiye, the equivalent of 4% of the country’s 2021 GDP, according to a World Bank rapid damage assessment report released today. The report also acknowledges that recovery and reconstruction costs will be much larger, potentially twice as large, and that GDP losses associated to economic disruptions will also add to the cost of the earthquakes. Continued... Keep reading
Feb 22
2023
There is a growing trend that climate shocks are increasing in frequency and intensity due to climate change. Djibouti, situated in the disaster-prone Horn of Africa, is highly vulnerable to droughts, floods, heatwaves, and earthquakes. The population suffers from these shocks, with 33 percent of the population living in high hazard risk zones, and the rest of the country also suffering as 35 percent of the economy is chronically vulnerable to floods and droughts [1] . To increase Djibouti’s... Keep reading
Feb 15
2023
Senior Communications Advisor – Climate Risk Finance and Resilience (Short-Term Consultant - Washington DC) We are hiring! The World Bank’s Disaster Risk Financing and Insurance (DRFI) Program team, which helps developing countries develop solutions to increase their financial resilience against natural disasters, is looking for a Senior Communications Advisor – Climate Risk Finance and Resilience. This role will lead creative communications and storytelling across multiple platforms that... Keep reading