The Philippine Parametric Catastrophe Risk Insurance Program (the 'parametric program') represents a key milestone in this partnership. In July of 2017, the Philippines placed on the international financial markets a portfolio of catastrophe risk that transferred typhoon and earthquake risk from...

This disaster risk financing country note for Serbia provides an overview of the way its government currently finances the costs imposed by natural disasters. Meanwhile, poverty deepened after the financial crisis and during the recessions of 2012 and 2014, mainly because of losses in employment...

Since 2013 The World Bank Group has partnered with the Global Facility for Disaster Reduction and Recovery and the U.K. Department for International Development to address some of these gaps in evidence and methodologies. The Disaster Risk Finance Impact Analytics Project has made significant...

This study presents options for disaster risk financing in Brazil, drawing from international experience. The study presents a series of complementary options for disaster risk financing, based on a preliminary fiscal risk analysis and a preliminary review of the current budget management of...

The objective of this report is to make recommendations for the Government of Belize (GoB) for the formulation of a country-specific comprehensive disaster risk finance (DRF) strategy, based on the assessment of the legislative, financial management, fiscal, and insurance market environment in...

The objective of this report is to make recommendations for the Government of Jamaica (GoJ) for theformulation of a country-specific comprehensive disaster risk finance (DRF) strategy, based on the assessment of the legislative, financial management, fiscal, and insurance market environment in...

The objective of this report is to make recommendations for the Government of Grenada (GoG) for theformulation of a country-specific comprehensive disaster risk finance (DRF) strategy, based on the assessment of the legislative, financial management, fiscal, and insurance market environment in...

The objective of this report is to make recommendations for the Government of Saint Lucia (GoSL) for the formulation of a country-specific comprehensive disaster risk finance (DRF) strategy, based on the assessment of the legislative, financial management, fiscal, and insurance market...

Indonesia is one of the main agriculture producers globally and largely relies on domestic staples for its growing population. Projections of climate change models for Indonesia point towards increasing temperatures and more extreme distributions of precipitation with more frequent dry and wet...

The objective of this report is to make recommendations for the Government of Belize (GoB) for the formulation of a country-specific comprehensive disaster risk finance (DRF) strategy, based on the assessment of the legislative, financial management, fiscal, and insurance market environment in...