DRFF in the News
Nov 17
2021
On November 09, 2021, 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 the 5th session of the Knowledge Exchange Series. The session focused on the Development of Catastrophe Bonds for Sovereign Disaster Risk Transfer. The series is a continuation, in virtual formats, of traditional knowledge exchange events that take place every two years to empower countries under the... Keep reading
Nov 17
2021
Indonesia is one of the most disaster-prone countries in the world. Perched on the Pacific “Ring of Fire,” it is home to 76 active volcanoes. An archipelago of tens of thousands of islands spanning 5,100 km from one end to the other, in recent years, tsunamis have pounded the shores of North Sumatra, Sulawesi and West Java. Volcanic eruptions, flooding, and landslides, infrequent events elsewhere, are regular occurrences in Indonesia. In addition to the cost to human life and property,... Keep reading
Nov 09
2021
A regional training on the Disaster Risk Finance Analytics Tools took place virtually on November 02, 2021. The objective of the 2-hour training was to raise awareness on the use and potential applications of the tools to concrete climate and disaster risk finance applications in Central Asia, and specifically targeting clients from Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. The event was designed for decision-makers and technical DRF practitioners within Ministries... Keep reading