News
With backing from the World Bank, Kenya has launched an insurance program designed to address challenges agricultural producers may face when there are large production shocks, such as droughts or floods.
Natural disasters have a more devastating impact on the poor than widely thought, forcing some 26 million people into poverty each year and setting back global spending on goods and services by the equivalent of $520 billion annually...
When countries rebuild stronger, faster and more inclusively after natural disasters they can reduce the impact on people’s livelihoods and well-being by as much as 31 percent, potentially cutting global average losses from $555 billion to $382 billion per year. That’s the conclusion of a new report from the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR).
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.
Cities around the globe are slowly transforming into climate-resilient hubs.
There are five things that people working to develop resilience programmes and policies can do to counter the looming existential threat posed by Trump if they become more savvy political operators.
The final of the Women Entrepreneurs of the MENA region (WeMENA) contest, a regional initiative launched by the World Bank, and supported by the Global Facility for Disaster Reduction and Recovery (GFDRR), selected four winners.
The World Bank has released US$496.25 million to support the Philippine government’s efforts to hasten recovery, rehabilitation, and reconstruction in areas battered by Typhoon Ompong (internationally known as Mangkhut) in mid-September this year.
The Averted Disaster Award aims to recognize successful interventions implemented worldwide that help ensure society continues to function, thrive, and recover quickly in the face of disaster. We invite individuals, project teams and organizations of all sizes, regions, and industries to submit nominations that highlight successful interventions.
Applications are due January 12, 2024
The World Bank’s Board of Executive Directors today approved US$7 million in financing to Seychelles to help the country better cope with extreme natural events such as floods, mud slides, or tsunamis.