In a world affected by growing and overlapping crises that threaten economic development and human well-being, financial resilience against climate shocks and disasters is needed to protect livelihoods...
The Flood Risk Modeling to Support Risk Transfer: Challenges and opportunities in data-scarce contexts report reviews the processes and challenges in developing flood risk models to support disaster risk...
This joint NGFS-World Bank note aims to complement existing climate risk assessment literature by providing central banks and prudential supervisory authorities in EMDEs with a practical framework for...
Climate change has become a main concern of ministries of finance, central banks, and financial regulators. In response, a suite of scenarios and tools have been developed to assess the financial risks...
This short note was published as independent blogs between June and October 2020 as part of technical knowledge produced by the disaster risk finance community of practice.
In March 2018, Uganda's Ministry of Finance, Planning and Economic Development (MoFPED) formally requested technical assistance from the World Bank Group (WBG) to conduct a technical and diagnostic review...
Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and...
GFDRR supports governments in designing financial protection strategies and instruments to respond to natural disasters. The Disaster Risk Financing and Insurance Program (DRFIP) leads the dialogue on...
The World Bank and Asian Development Bank have worked in more than 50 countries to (i) quantify the economic and fiscal impact of disasters; (ii) take stock of existing mechanisms to finance these costs...
Global facility for disaster reduction and recovery (GFDRR) supports governments in designing financial protection strategies and instruments to respond to natural disasters. The disaster risk financing...
Since January 2014, the World Bank Group’s (WBG’s) finance and markets global practice has provided technical assistance to establish a crop and livestock insurance program in Kenya. Led by the WBG’s disaster...
Climate change, weather-related disasters, and slow-onset changes such as rising sea levels threaten sustainable development and force some 26 million people into poverty every year. Sovereign disaster...
The Disaster Risk Finance (DRF), part of the Disaster RiskFinance and Insurance Program (DRFIP), a ims to strengthen the financial management of disaster risk by providing quantitative financial and economic...
Disaster risk finance is an important component of the disaster risk management and climate change adaptation agenda. It aims to increase the financial resilience of countries against natural hazards by...
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. The framework can be used by governments to help...
Asia is at high risk of catastrophic disaster and climate shocks that cause damage and erode welfare and economic gains. Financial protection strategies have been recognized by countries and their development...
Since 2013 The World Bank Group has partnered with the Global Facility for Disaster Reduction and Recovery and the U.K. Department for International Development to address some of these gaps in evidence...
The current PCRAFI program, phase II builds on the initial phase of thePacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI), ajoint initiative of the World Bank, SPC, and the Asian Development...
At the request of the government of Kenya and under its guidance, a team of national and international experts conducted an appraisal of different agricultural insurance options for Kenya.This appraisal...
At the request of the government of Kenya and under its guidance, a team of national and international experts conducted an appraisal of different agricultural insurance options for Kenya.This appraisal...