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Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
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The world faces a triple crisis of three interconnected issues-development, climate, and nature― and current levels of … World Bank launched the Country Climate and Development Report (CCDR) in 2022. This core diagnostic tool aims to help … global climate change challenge. The first set of CCDRs covered only 10 percent of the world’s tropical forests, but the …
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