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The latest news from GFDRR
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Technology enables us to understand today what risks may come tomorrow.

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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.

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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...

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A virtual reality film which highlights climate change impacts in Fiji is set to make its return tour next week. Supported by GFDRR, the film has already been seen by more than 600,000 people worldwide, including many global leaders at COP23.

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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.

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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.

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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).

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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

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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.