Toward a Regional Approach to Disaster Risk Finance in Asia: Full Report

Interest in exploring a regional disaster risk financing initiative for Asia is growing rapidly, but any such facility should respond to country priorities and build on ongoing work. Countries’ needs differ across the region, as does their experience with implementing financial protection strategies and instruments. Some countries are global leaders in disaster risk financing, while others have started their efforts more recently. Informed by the World Bank’s ongoing work supporting Asian countries, this note aims to connect international dialogue with experience on the ground to provide a basis for consultation with donor and private partners and countries, and to identify possible next steps