The World Bank Treasury's Reserve Advisory and Management Partnership (RAMP) conducted its third survey on reserve management practices in 2021. One hundred and nineteen central banks, from different regions, income groups, and reserve levels, contributed to the survey, which included questions...

Implicit contingent liabilities, such as those generated by natural disasters, are often not quantified in the government balance sheet. However, when they materialize, they place pressure on government finances that may raise interest expenditures and financial risks. Understanding the impacts...

This Technical Note provides detailed information on the Brazilian risk classification system using the RI approach and the Indian RI system for the initial risk screening of a large portfolio of existing dams. Annex A provides basic information about the RI approach used in Quebec, Canada, for...

The importance of ensuring that dam structures can withstand earthquakes has been recognized and practiced for many years. The technical capability of the dam engineering industry in the seismic design of dam structures has increased considerably since the 1980-1990s. Dams designed using modern...

Disasters associated with the impact of natural hazards have had adverse social and fiscal effects on Panama over time, and the Government of Panama (GoP) is therefore committed to strengthening the financial management of disaster risks. Actions taken by the GoP in financial management of...

This report forms part of the World Bank's technical assistance project undertaken with the European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and financed under the Union Civil Protection Mechanism (UCPM) Annual Work Program 2020....

The objective of this report is to summarize insights and provide recommendations related to the challenges and opportunities for civil protection (CP) agencies to leverage investments for disaster prevention and preparedness. This report draws on the findings of stakeholder consultations and...

This report forms part of the World Bank's technical assistance project undertaken with the European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) and financed under the Union Civil Protection Mechanism (UCPM) Annual Work Program 2020....

This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods in European Union (EU) Member States (MS), analyze the financial instruments in place to manage this risk and identify any associated funding gaps. The analysis is underpinned by...

Fintech is increasingly recognized as a key enabler for financial sectors worldwide, enabling more efficient and competitive financial markets while expanding access to finance for traditionally underserved consumers. A critical challenge for policy makers is to harness the benefits and...