DRFF in the News

The first Impact Program under the World Bank Group (WBG) Academy has just concluded in Istanbul. Over 50 participants from 14 countries joined to learn about Affordable Disaster Risk Insurance through Public-Private Partnerships. As a result of the program, four countries are already accelerating their reforms on disaster insurance and one country is enthusiastic about holding the next program. Throughout the event, countries have developed connections with their peers and the private sector...

A key milestone was reached on March 18-19th at the REPAIR Regional Workshop in Johannesburg, South Africa, to create a regional disaster risk platform between African countries with the support of the World Bank and African Risk Capacity Limited. Natural disasters as floods, droughts or tropical storms are causing substantial losses and damages to African countries, increasing poverty, food insecurity and fragility. REPAIR, a US$926 million regional Program adopted by the Board of Directors of...

On March 17, 2025, Italy’s Ministry of Economy and Finance and the World Bank Group (WBG) co-hosted the launch of the policy note “Mobilizing Public-Private Solutions to Manage the Financial Impacts of Natural Hazards in Emerging Market and Developing Economies,” in Rome. The event was a follow-up to the in-depth discussions on disaster risk finance (DRF) promoted by the Italian G7 Presidency over the course of 2024. Recognizing the importance to take this agenda forward and support emerging...