DRFF in the News

From June 3-6, 2025, the World Bank’s Crisis and Disaster Risk Finance (CDRF) in the Finance, Competitiveness, and Investment (FCI) Global Department of the Prosperity Vice Presidency led the delivery of the Disaster Risk Finance Academy: Learning Week in collaboration with Insurance Development Forum (IDF). This is a flagship event, as part of the World Bank’s Global Shield Financing Facility (GSFF) and IDF Knowledge Partnership. The 4-day program included partnership with Multilateral...

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...