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The World Bank, in coordination with the Inter-American Development Bank (IDB), estimate that the physical damage to Jamaica caused by Hurricane Melissa totals US$8.8 billion — equivalent to 41 percent of the country’s 2024 GDP— making it the costliest hurricane in Jamaica’s recorded history. The Global Rapid Damage Estimation (GRADE), conducted immediately after the hurricane, assessed physical damage across residential, non-residential, infrastructure, and agricultural sectors. It does not include broader economic losses, which are expected to be even more significant.
The GRADE report for Afghanistan was conducted and financially supported by GFDRR and the Ministry of Finance of Japan, through the World-Bank program for Mainstreaming Disaster Risk Management in Developing Countries in collaboration with the World Bank.
GFDRR presented at a seminar in Porto Alegre, Brazil which brought together government representatives, national and international experts, and civil society organizations to discuss options for enhancing the resilience of the country's education sector.