DRFF in the News
Nov 15
2022
Tajikistan is frequently affected by disasters that are compounded when combined with the country’s low-income status, rapidly ageing infrastructure, and lack of capacities to respond and recover. About 5 years ago, the World Bank started supporting the government in development of a comprehensive disaster risk finance (DRF) strategy. Since then, the country was hit not only by disasters, but also by the pandemic, the refugee inflow from Afghanistan, and several conflicts and impacts of the war... Keep reading
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