DRFF in the News
Feb 14
2022
Dear Disaster Risk Finance Family, The end of the year is a time full of celebrations and reflections. In this year, we received the World Bank’s Equitable Growth, Finance & Institutions (EFI) Vice President Unit (VPU) Award for excellent support in operational knowledge and capacity-strengthening during COVID-19. This could not have been possible without your engagement, commitment, and enthusiasm towards furthering the exchange of knowledge, operational wisdom, and personal experiences on... Keep reading
Jan 27
2022
The eighth and final webinar session in the Strengthening Financial Resilience in Agriculture Knowledge Series took place virtually on January 26, 2022. The session discussed the role of financial instruments and processes used by governments and other organizations to retain risks which cannot be mitigated, and which are not appropriate for risk transfer. The session was a continuation of our deep dive series, building on the previous two sessions which discussed the use of various risk... Keep reading
Jan 26
2022
SUVA, January 20, 2022 — The World Bank has disbursed an initial US$8 million in emergency financing to support the Kingdom of Tonga’s response and recovery following the devastating volcanic eruption and tsunami on January 15. The Hunga-Tonga-Hunga-Ha’apai undersea volcano, located approximately 65 kilometers north of Tonga’s main island of Tongatapu, erupted on January 15 creating an ash plume at least 30 kilometers high and 260 kilometers wide. This once in 1000-year event triggered a series... Keep reading