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[Event Recap] Launch of Government of Sierra Leone Disaster Risk Financing Strategy and Implementation Plan and DRF Capacity Building Workshop

On March 21, 2024, the Government of Sierra Leone launched its National Disaster Risk Financing Strategy and Implementation Plan for 2024-2029 at the Atlantic Hotel in Freetown, in collaboration wi

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World Bank Returns to the Cat Bond Market Providing Financial Protection to Jamaica

Washington D.C., April 25, 2024 - The World Bank (International Bank for Reconstruction and Development, or IBRD, AAA/Aaa), priced a catastrophe (cat) bond that finances US$150 million of insurance coverage for the Government of Jamaica against named storm events.

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[Event recap] Confronting Challenges in Gender-Smart Climate and Disaster Risk Finance: Resources and Toolkits

The "Confronting Challenges in Gender-Smart Climate and Disaster Risk Finance: Resources and Toolkits" webinar hosted by FARM-D, PARM, and the Centre of Excellence on Gender-smart Solutions explored progress made in gender-smart approaches to Climate and Disaster Risk Financing and Insurance

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[Event Recap] Webinar: The Challenges and Opportunities for Climate Risk Takaful

On May 14th, over 120 people, from 69 different countries, joined the virtual webinar on "The Challenges and Opportunities for Climate Risk Takaful,” co-hosted by the Insurance Development Forum (IDF) and the World Bank's Disaster Risk Financing and Insurance Program (DRFIP) with suppo

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Virtual Webinar: An introduction to Takaful and lessons from the experience of the DRIVE project

On February 29, "An introduction to Takaful and lessons from the experience of the DRIVE project" virtual webinar welcomed 22 participants to learn about Islamic Insurance.

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[Recap] Executive Education Program on Disaster Risk Finance for Indonesia: Milestone Achievement in Strengthening Indonesia's Resilience

Indonesia frequently faces natural disasters such as earthquakes, tsunamis, and volcanic eruptions, to the extent that it is often referred to as the “supermarket of disasters”.

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[Fragility Forum 24 Event Recap] Crisis Risk Financing: Preparing to Respond to the Shocks of Tomorrow

The financial losses caused by climate crises and disasters are on the rise, creating significant fiscal risk and budget volatility.

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Disaster Risk Finance Executive Education and Training of Trainers - Georgetown University

The pilot Executive Education Program on Disaster Risk Financing and Training of Trainers tailored for World Bank Group (WBG) staff was delivered from February 5 to 8, 2024 by the WBG’s Crisis and Disaster Risk Finance team in collaboration with the Global Shield F

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Ethiopia and Somalia Learn More About Takaful Insurance in Capacity Building Program

                                           Takaful training participants in Somalia

 

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World Bank Group Expands Crisis Toolkit to Enhance Preparedness for Future Shocks

February 1, 2024 —The World Bank today approved a suite of groundbreaking tools to help developing countries better respond to crises and strengthen preparedness for future shocks.