News
By 2050 there will be $158 trillion in assets at risk from flooding alone — not to mention 1.3 billion people at risk — driven largely by climate change and urbanization.
The World Bank approved US$50 million for the Strengthening Critical Infrastructure Against Natural Hazards Project in Tajikistan.
The issue of global financing for development is a critical theme in the international development agenda with the most recent United Nations (UN) meeting being the Third International Conference on Financing for Development (FfD), which was held in July.
The World Bank has launched the Pacific Resilience Program (PREP), a series of projects aimed at strengthening Pacific Island countries’ resilience to natural disasters and climate change.
Today, the first African Ministerial Conference on Meteorology (AMCOMET) Africa Hydromet Forum opened its doors to over 500 African leaders from governments, public and private sector representatives, civil society, and development partners.
Major international partnerships are mobilizing large-scale financing to protect people who the most vulnerable from climate impacts, reflecting the fact that building a climate resilient world is essential to secure hard-won development gains.
Out of 7.5 billion people in the world, more than 1 billion - or one in seven people - live on less than $1.25 (1.13 euros) a day. The number of those living in extreme poverty could rise sharply by 2030 unless governments plan better for disasters, the W
By 2050, Fiji’s annual losses due to extreme weather events could reach 6.5 percent of GDP because of the impact of climate change, with more than 32,000 people pushed into hardship every year.
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.