DRFF in the News
Apr 05
2022
On March 31, 2022, in partnership with Switzerland's State Secretariat for Economic Affairs (SECO), the World Bank Group's (WBG) Disaster Risk Financing and Insurance Program (DRFIP) hosted their 8 th and final session of the Knowledge Exchange Series. The session focused on the Disaster Risk Financing Analytics Training that focused on the two tools developed by the World Bank for supporting decision-makers on the financial disaster risk management. The series is a continuation, in virtual... Keep reading
Mar 30
2022
On March 29, Antoine Bavandi (Senior Financial Sector Specialist, Crisis and Disaster Risk Finance, World Bank) participated in the EU-funded CASCADES project stakeholders’ workshop, focused on cascading climate risks for business and finance. The workshop provided an opportunity to share insights about methodological advancements in assessing climate physical risks and their transmission to the financial sector and discuss implications for climate policy and adaptation investments. The EU-... Keep reading
Mar 29
2022
WASHINGTON, March 24, 2022 —The World Bank’s Board of Executive Directors today approved a $150 million ‘Finance for Growth’ development policy credit to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal’s green, resilient, and inclusive development. “A well-functioning financial system is a key enabler for the mobilization of private investment and driver of economic activity,” stated Faris Hadad-Zervos, World... Keep reading