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The World Bank (International Bank for Reconstruction and Development, or IBRD) priced a catastrophe bond that will provide the Government of Jamaica with financial protection of up to US $185 million against losses from named storms for three Atlantic tropical cyclone seasons ending in December 2023.

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Today, the World Bank Group solemnly remembers the victims and families affected by the Great East Japan Earthquake and Tsunami disaster of 2011, and honors the continued recovery efforts by the people of Japan. 

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GFDRR economist Paolo Avner has co-authored an article for the March 2021 edition of Journal of Housing Economics titled "Spatial distributions of job accessibility, housing rents, and poverty: The case of Nairobi."

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Ten innovators from across the world have won the TechEmerge Resilience India Challenge for their cutting-edge technology solutions in dealing with the twin challenges of immediate disaster response in the time of COVID-19 and building long-term disaster and climate resilience.

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Every year, the global open data community gathers for hundreds of local events for the annual Open Data Day, organized by Open Knowledge Foundation. Groups host hackathons, workshops, webinars and more to show the benefits of open data in their local community, and to encourage the adoption of open data policies in government, business and civil society. The next Open Data Day is Saturday, March 6th, 2021.

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In continuing efforts to reduce the adverse impacts of natural disasters in Central Asia, the World Bank, together with partners including GFDRR, is launching a unique initiative – a multi-peril risk assessment of natural disasters, including earthquakes, floods and selected landslides.

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Today the World Bank Group and CES announced the winners of the Global Tech Challenge at CES®2021. The result of a partnership between the Consumer Technology Association (CTA) and the World Bank Group, the Global Tech Challenge was launched at CES 2020 to reward scalable and innovative technological solutions in three main areas: digital health in East Africa, resilience in India and gender equality around the world.

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The new UN Quadrennial Comprehensive Policy Review (QCPR) resolution includes for the first time a very strong and articulated paragraph on Disaster Risk Reduction (DRR). The inclusion of DRR in the QCPR is an important milestone which ensures that the UN system’s support for the implementation of the 2030 Agenda for Sustainable Development at the country level will be risk-informed and aligned with the Sendai Framework.

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Resilient Shores, a new report jointly developed by the government of Vietnam, the World Bank, and  the Global Facility for Disaster Risk Reduction provides an in-depth and multi-sectoral analysis of natural risks in coastal Vietnam.

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China's approach toward addressing these challenges is the topic of a recent World Bank knowledge note prepared in collaboration with experts from China's Academy of Disaster Reduction and Emergency Management at Beijing Normal University. The publication takes stock of China's recent efforts in disaster risk reduction and provides insights on what it takes to strengthen resilience at scale.