DRFF in the News
Madagascar is one of the most vulnerable countries to climate change. This means that it is experiencing more climate-related disasters, such as devastating droughts and cyclones. As such, it is vital for the authorities to be prepared so that when disaster hits, they are ready to face it. Against this backdrop, Madagascar successfully completed its first crisis simulation exercise (SimEx) under the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) program, marking a...
The World Bank Group (WBG)’s “Executive Education Program on Disaster Risk Finance (DRF) for Bangladesh” recently concluded in Savar, Dhaka after four days of high-engagement learning with senior Government of Bangladesh (GoB) officials and development partners. It was delivered as a WBG Academy Pilot Practitioner Program and hosted in collaboration with the University of Dhaka’s Center for Policy Research on Business and Development. The event started with opening remarks by Kamrul Hoque Maruf...
In a significant move toward enhancing regional cooperation in financial resilience, the governments of Indonesia and the Philippines have launched a collaborative knowledge-sharing initiative focused on public asset insurance. This builds on the ongoing technical assistance from the World Bank to both governments on disaster risk finance and insurance, which includes analytical work, technical advice, capacity building for government officials, and sharing international best practices...