In a world affected by growing and overlapping crises that threaten economic development and human well-being, financial resilience against climate shocks and disasters is needed to protect livelihoods...
Disasters caused by natural hazards can lead to widespread damage and losses to infrastructure assets and disrupt the provision of their services. These disruptions impede the smooth functioning of economies...
This short note was published as independent blogs between June and October 2020 as part of technical knowledge produced by the disaster risk finance community of practice.
This public expenditure review (PER) is the first comprehensive assessment of public spending on disaster response, recovery, and reconstruction activities in the Philippines. Despite the high exposure...
The Philippine economy contracted by 10.0 percent, year-on-year, in the first three quarters of 2020, given the triple shock brought by the Coronavirus disease (COVID-19) pandemic. COVID-19 delivered a...
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...
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...
This Disaster Risk Financing Country Note is the first activity of the World Bank's support to the Government of Georgia on financial protection against natural disasters. It takes stock of existing mechanisms...
This Disaster Risk Financing Country Note for Serbia provides an overview of the way its government currently finances the costs imposed by natural disasters. In this report, chapter two provides the background...
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...
The primary objective of this report is to take stock of the global progress on financial protection against natural disasters over the last decade and bring together the latest thinking on disaster risk...