disaster risk financing is very scarce in developing countries including Bangladesh. Bangladesh is disaster-prone, with floods … finance solutions are considered effective in Bangladesh: sovereign disaster risk contingent credit, parametric sovereign risk …, i.e., disaster risk financing, has increasingly been applied in developed countries. However, the application of ex ante …

A Technical Assistance (TA) mission was conducted in Dhaka, Bangladesh, from March 5 to 9, 2023, to assist authorities … in setting up a framework to assess physical climate risk in the financial system. The TA mission focused on (i …) proposing a risk assessment framework tailored to available data, with a focus on the impact of floods on the banking sector …

I examine financial literacy — specifically knowledge of risk — using data from surveys in the United States and other … countries. I show that risk literacy is very low; the majority of individuals lack knowledge of concepts such as risk … diversification and do not understand the relationship between risk and return. Findings are strikingly similar across countries; a …