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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...
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.
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.
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).
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.
Cities around the world are failing to plan for fast-increasing risks from extreme weather and other hazards, particularly as population growth and surging migration put more people in the path of those threats.
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.