DRFF in the News
Mar 20
2024
In Sub-Saharan Africa, agriculture contributed 17 percent to GDP in 2022 and is therefore a crucial sector. Being predominantly rain-fed, the sector is extremely vulnerable to extreme weather. Limited financial resources to cope with and recover from the impact of climate shocks can destroy not just productive assets but entire livelihoods, ultimately resulting in poverty traps. Therefore, strong financial inclusion and protection strategies are key to building resilience for farmers and rural... Keep reading
Mar 14
2024
On February 29, " An introduction to Takaful and lessons from the experience of the DRIVE project" virtual webinar welcomed 22 participants to learn about Islamic Insurance. The session aimed to increase awareness around takaful, providing a greater understanding of its concepts, Shari’ah compliance, and implementation, as well as reflections on factors driving the increasing demand for inclusive climate takaful. Alwaleed Alatabani , Practice Manager for the Finance, Competitiveness, and... Keep reading
Mar 14
2024
Indonesia frequently faces natural disasters such as earthquakes, tsunamis, and volcanic eruptions, to the extent that it is often referred to as the “supermarket of disasters”. This necessitates robust disaster risk finance (DRF) strategies to mitigate the financial impacts of these events and enhance resilience. The “ Executive Education Program on Disaster Risk Finance for Indonesia ”, held from March 4 to 7, 2024, at the historic Institut Teknologi Bandung (ITB), Indonesia, marked a key... Keep reading