DRFF in the News
Mar 26
2019
Barry Maher (Senior Financial Sector Specialist in Crisis and Disaster Risk Finance, FCI), moderated a panel on Financing Climate Resilience at the Africa Climate Resilience Investment Summit, which took place in Johannesburg from March 5-7. Key takeaways as follows from the panel discussions: 1) Financing climate resilience is a new and emerging area. MDBs are grappling on how to fully integrate targets and resilience investments into their strategies, lending and monitoring platforms; 2)... Keep reading
Feb 12
2019
On January 16, the World Bank Disaster Risk Financing and Insurance program led by Olivier Mahul, presented at the session on financial resilience against natural disasters at the G20 Seminar on Innovation for Inclusive Development, which was co-organized by the Bank and JMoF. The session was chaired by Ceyla Pazarbasioglu, Vice President, Equitable Growth, Finance and Institutions, World Bank. The purpose of the session was to: 1) Discuss the importance of strengthening financial resilience... Keep reading
Feb 05
2019
The World Bank and the Ministry of Finance Japan co-organized a technical briefing for Japanese insurance industry on the Southeast Asia Disaster Risk Insurance Facility (SEADRIF). The objectives of the session were to share the scope and progress on SEADRIF, as well as to receive feedback from insurance experts on (i) the structure of the facility; (ii) the SEADRIF flood risk assessment model, and (iii) the proposed insurance product design. The briefing also included a brainstorming session... Keep reading