[Event Recap] WBG-SECO Knowledge Exchange Series: Managing Disaster Related Contingent Liabilities (Webinar #1)

May 11

On April 27, 2021, the World Bank Group's (WBG) Disaster Risk Financing and Insurance Program (DRFIP) and the Switzerland's State Secretariat for Economic Affairs (SECO) jointly hosted a virtual session on Managing Disaster Related Contingent Liabilities. This was the first session in the Knowledge Exchange Series: Building Sovereign Financial Resilience in Middle Income Countries. The series is a continuation, in virtual formats, of traditional knowledge exchange events that take place every two years to empower countries under the program through sharing their experience and knowledge in building financial resilience.

The webinar was kicked off by opening remarks from Olivier Mahul (Practice Manager, Crisis and Disaster Risk Finance -CDRF unit, WBG) and Martin Saladin (Head of Operations, Economic Cooperation and Development Division, SECO). Benedikt Signer (Program Coordinator, CDRF, WBG) and Hang Thu Vu (Senior Financial Sector Specialist, CDRF, WBG) delivered the framing presentation focusing on the basic framework of managing disaster related contingent liabilities. Country presentations by government representatives – Alejandra Barragan (Colombia), Majlinda Demko (Albania), and Anil Pokhrel (Nepal) showcased these countries' national financial protection strategies, lessons learned and future roadmaps. Jean Pesme (Global Director, Finance, Competitiveness and Innovation Global Practice, WBG) gave plenary remarks, followed by an engaging Q&A session. 

The webinar was co-facilitated by Samantha Cook (Senior Financial Sector Specialist, CDRF, WBG) and Rob Antich (Sr. DRF consultant, CDRF, WBG), featuring a live poll function to understand participants better and interact with the audience. Over 160 participants from client countries, international organizations, private sector companies, non-governmental organizations, and academia attended the virtual session. This Knowledge Exchange Series comprising 8 virtual sessions with complementary Fact Sheets offers certificates. Each session is promoted with a captivating teaser video and enables simultaneous interpretation services (English, Spanish, French and Albanian).