Gtown

The pilot Executive Education Program on Disaster Risk Financing and Training of Trainers tailored for World Bank Group (WBG) staff was delivered from February 5 to 8, 2024 by the WBG’s Crisis and Disaster Risk Finance team in collaboration with the Global Shield F

Workshop

                                           Takaful training participants in Somalia

 

crisis

February 1, 2024 —The World Bank today approved a suite of groundbreaking tools to help developing countries better respond to crises and strengthen preparedness for future shocks.

cop28

The event “Adapting to Climate Change in Fragile and Conflict Settings: Opportunities for Scaling Action,” held at the World Bank Pavilion during COP28 in the United Arab Emirates on December 3, brought together key figures to address the urgent challenges faced by fragile and co

Bandung

Ahead of the Executive Education Program on Disaster Risk Finance (DRF) for Indonesia, jointly designed and conducted by Institut Teknologi Bandung (ITB) and the World Bank Group, to be held in March 2024, a pilot delivery was held at ITB, Indonesia, on November 23 and 24, 2023.

Photo: Scott Wallace / World Bank

Washington — The World Bank today approved $102 million to help Bangladesh improve riverbank protection and navigability in the Jamuna River, saving people from being displaced, protecting their livelihoods, and spurring economic activities.

SEADRIF Insurance Company makes 2 payouts for a total of US$1.5 Million to support flood response in Lao PDR within 1 business day

Singapore – On Monday 14 August 2023 the SEADRIF Insurance Company made two payouts totaling US$1.5 Million directly to the Government of the Lao PDR to provide rapid support to the country.

Burkina Faso: Recent Trends and Outlook for the Economy and Poverty - Building financial resilience to climate risks

According to the latest "Burkina Faso Economic Update", economic growth slowed to 2.5% in 2022, with the country posting the highest inflation rate in the West African Economic and Monetary Union (WAEMU), thereby exacerbating food insecurity.

Photo Credit: Eftychia Syrimi / Pexels.com

Posted on March 22, 2023 by James Verstringhe

Photo Credit: UNFP/Photolibrary

The Government of Djibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group (ARC Group) to protect the lives and livelihoods of its most climate-vulnerable communities.