DRFF in the News
Nov 14
2022
We are hiring! The World Bank is looking for two enthusiastic and innovative Financial Sector Specialists to join our outstanding Crisis & Disaster Risk Finance team in Washington, DC. The two selected candidates will help vulnerable developing countries reduce their protection gap by designing and implementing climate and disaster risk finance and insurance solutions for their governments, households, farmers and firms. [1] Financial Sector Specialist [req19925] We are hiring! The Crisis... Keep reading
Nov 14
2022
WASHINGTON, November 14, 2022 —The World Bank Group has announced a Global Shield Financing Facility to help developing countries access more financing for recovery from natural disasters and climate shocks. This facility will support the Global Shield Against Climate Risks, a joint initiative launched today at COP27 by the G7 and V20 to better protect poor and vulnerable people from disasters by pre-arranging more financing before disasters strike. “We estimate that by 2040, over 130 million... Keep reading
Nov 08
2022
The Horn of Africa is amongst the poorest and most fragile regions in the world and pastoralist communities are the most vulnerable. The region is exposed to climate shocks with severe droughts fueling poverty and conflicts. Pastoralism and livestock production are the main sources of livelihood and contribute to over one-third of the agricultural GDP in most countries and approximately 80 percent of the GDP in Djibouti and Somalia. When drought hits, livestock either die or are sold at rock-... Keep reading