[Event Recap] Crisis and Disaster Risk Finance (CDRF) – Deep Dive Virtual Session
As part of the Finance, Competitiveness and Innovation (FCI) Climate Change Training - Crisis and Disaster Risk Finance (CDRF) – Deep Dive Session was conducted on June 3, 2021. Martin Luis Alton (Senior Financial Sector Specialist, CDRF, FCI, WBG) kicked off the session with a brief introduction to Disaster Risk Finance (DRF) and Four Core Principles of DRF. The introduction was followed by two interviews with regional colleagues on regional DRF projects focusing on its set-up, implementation, and results. The interviews focused on understanding the scope of DRF projects in the context of climate change and how they are collaborating with the CDRF teams.
- Interview 1: Antoine Bavandi (Senior Financial Sector Specialist, CDRF, FCI, WBG) interviewed Mihasonirina Andrianaivo (Senior Financial Sector Specialist, FCI, WBG) on projects in the Middle East and North Africa (MENA) region.
- Interview 2: Hang Thu Vu (Senior Financial Sector Specialist, CDRF, FCI, WBG) interviewed Vidaovanh Phounvixay (Financial Sector Specialist, FCI, WBG) on the Laos Disaster Risk Management Project.
Olivier Mahul (Practice Manager, CDRF, FCI, WBG) presented the virtual event's final thoughts and closing remarks. The webinar was facilitated by Kaavya Krishna (Senior Financial Sector Specialist, CDRF, FCI, WBG).
The World Bank Group, to solidify its commitment towards climate change challenges, has announced in the Climate Change Action Plan 2021-2025, its pledge to fully integrate climate and development to support green, resilient, and inclusive development (GRID). FCI Global Practice within the World Bank Group has an important role in these endeavors and it is critical for all FCI staff to have a good understanding of the climate change agenda and be able to integrate climate considerations into FCI’s advisory and lending operations. As a part of its commitment, a 2-day Climate Change Training for FCI was conducted from June 2, 2021 to June 3, 2021.