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Governments and policy-makers leverage RMS technology to strengthen risk management decision-making and support disaster risk reduction strategies

The Bangladeshi government Monday signed an agreement with the World Bank to get 140 million U.S. dollars' credit to improve and strengthen critical disaster prevention infrastructure in the coastal areas of the country.

A cloud-based mobile app that collates crowdsourced data during disasters won two awards in a recent hackathon on disaster resilience.

A conversation with Dr. Ben Fox of the World Bank Group, about the Bank's work to reduce the economic burden of natural disasters

he Southwest Indian Ocean Risk Assessment and Financing Initiative (SWIO RAFI) will be launched  during the fifth  Regional Platform for Risk Transfer Mechanisms (April 28-30), hosted by the Indian Ocean Commission (IOC).

In the span of one year, volunteer mappers put 30,000 buildings on the map in Sri Lanka, enabling the country to plan ahead and be prepared for the next disaster. 

The destruction wreaked by Typhoon Haiyan in the Philippines this month has renewed debate on a critical financial question: How can nations best prepare for and respond to natural disasters?

The Tonga Hunga-Tonga-Hunga-Ha’apai volcanic eruption, tsunami and ashfall has caused an estimated US$90.4M (TOP 208 million) in damages – the equivalent of approximately 18.5% of Tonga’s Gross Domestic Product (GDP) – a World Bank assessment for the Government of Tonga has found. The report was produced with funding from the Global Facility for Disaster Reduction and Recovery (GFDRR).

RMS, the world’s leading catastrophe risk management firm, today announced that governments will have free access to RMS(one)®, the company’s real-time exposure and risk management platform, to directly access catastrophe models from both public and priva

Could social media be useful in tackling the challenges posed by natural calamities? The answer is yes, as a World Bank team, found out from the response elicited from the officials during the devastating Hudhud cyclone.