DRFF in the News

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...

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...