More than 800 experts in disaster risk management from across the world were in London on Monday to take part in the week-long Understanding Risk Forum.
With developing countries the hardest hit by disasters like floods, cyclones, droughts and earthquakes, a new competitive challenge fund is being launched today to help developing countries design and implement ground-breaking solutions to overcome problems they face assessing disaster risks.
World Bank's President Jim Yong Kim offers remarks at the Foreign Correspondents Club of Japan on twin goals: ending poverty by 2030 and boosting shared prosperity
At last September’s U.N. Conference on Small Island Developing States in Apia, Samoa, the World Bank announced that it would help small, disaster-prone countries to improve their adaptive capacity to climate change through an effort called the Small Island States Resilience Initiative — a response to ever-louder calls from leaders of island states for more assistance with boosting their disaster resilience.
GFDRR supports resilient reconstruction planning and post-disaster assessments, helping more than 50 disaster-affected countries with these approaches since its launch in 2007.
The African Development Bank (AfDB) and the World Bank have completed a seminar on improving the hydrological and meteorological systems in Africa.
With billions of pesos coming from the national coffers and donor organizations for rebuilding communities ravaged by Supertyphoon “Yolanda” (international name: Haiyan) a year ago, the Aquino administration wants to assure the public that the money is really going to reconstruction and rehabilitation projects.
The Cook Islands Government has confirmed its participation in the Pacific Catastrophe Risk Insurance Pilot (PCRIP), which was renewed for its third season with five other Pacific island countries: Marshall Islands, Samoa, Tonga, Vanuatu, and Cook Islands. The third season will run from November 1, 2014 to October 31, 2015.
The World Bank’s Board of Executive Directors approved US$7 million in financing to Seychelles to help the country better cope with extreme natural events such as floods, mudslides, or tsunamis, which have wreaked havoc on the island nation in the past.
Disaster insurance has quickly risen up the global policy agenda in the last few years, where phrases like “loss and damage mechanisms” and “micro-insurance schemes” are catching fire in climate change discussions about how to finance the costs of more frequent and more powerful storms, floods, droughts, and agricultural shocks. And for good reason.