News
A conversation with Dr. Ben Fox of the World Bank Group, about the Bank's work to reduce the economic burden of natural disasters
he Southwest Indian Ocean Risk Assessment and Financing Initiative (SWIO RAFI) will be launched during the fifth Regional Platform for Risk Transfer Mechanisms (April 28-30), hosted by the Indian Ocean Commission (IOC).
In the span of one year, volunteer mappers put 30,000 buildings on the map in Sri Lanka, enabling the country to plan ahead and be prepared for the next disaster.
The destruction wreaked by Typhoon Haiyan in the Philippines this month has renewed debate on a critical financial question: How can nations best prepare for and respond to natural disasters?
The Tonga Hunga-Tonga-Hunga-Ha’apai volcanic eruption, tsunami and ashfall has caused an estimated US$90.4M (TOP 208 million) in damages – the equivalent of approximately 18.5% of Tonga’s Gross Domestic Product (GDP) – a World Bank assessment for the Government of Tonga has found. The report was produced with funding from the Global Facility for Disaster Reduction and Recovery (GFDRR).
The Cook Islands Government has confirmed its participation in the Pacific Catastrophe Risk Insurance Pilot (PCRIP), which was renewed for its third season with five other Pacific island countries.
The combination of climate change, population growth and urbanization has put an unprecedented number of people in the path of destructive weather events over the last 30 years.
GFDRR's Stephane Hallegatte argues that a more resilient development is good economics and crucial to reducing poverty.
The World Bank, Build Academy, Airbnb, and the Global Facility for Disaster Reduction and Recovery (GFDRR) have launched a global crowd-solving challenge for designs of Resilient Homes. The goal of this challenge is to generate designs for low-cost and sustainable small houses (under $10,000) for people living in vulnerable areas affected by natural disasters. The deadline for design submissions is this November 30, 2018.
GFDRR supports resilient reconstruction planning and post-disaster assessments, helping more than 50 disaster-affected countries with these approaches since its launch in 2007.