Pablo Saavedra: Insights from Global Experiences

Pablo Saavedra (Vice President, Equitable Growth, Finance and Institutions, World Bank Group) introduces the World Bank's Knowledge Compact initiative, emphasizing its role in fostering knowledge sharing and collaboration among countries on disaster risk financing. He highlights the importance of a multi-layered approach, establishing disaster risk agencies, and proactive social protection strategies like those piloted in Bangladesh. Pablo also underscores the need for resilient infrastructure to facilitate effective insurance mechanisms.