[Recap] Executive Education Program on Disaster Risk Finance for Indonesia

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 milestone as the first-ever executive education program specifically tailored to a country's disaster risk finance (DRF) strategy. It was also the first to be predominantly delivered in Bahasa Indonesia. The event, designed and delivered jointly by the World Bank (supported by the Global Shield Financing Facility) and ITB, aimed to enhance the understanding and implementation of DRF tailored to Indonesia's unique landscape and challenges.