Climate change has become a main concern of ministries of finance, central banks, and financial regulators. In response, a suite of scenarios and tools have been developed to assess the financial risks...
Typhoon Odette devastated Central Philippines in late December, resulting in damages in infrastructure and agriculture, and disruption in vaccination efforts. COVID-19 cases have surged again due to the...
The deep global recession induced by Covid-19 (coronavirus) is putting at risk the gains in poverty reduction made over the past three decades. The ability of existing social protection programs to prevent...
This paper utilizes Visible Infrared Imaging Radiometer Suite (VIIRS) nightlights to model damage caused by earthquakes, floods and typhoons in five South East Asian countries (Indonesia, Myanmar, the...
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 development objective of Fujian Fishing Ports Project for China is to reduce the vulnerability of fishing communities to extreme weather events in selected counties in Fujian Province. This restructuring...
In a country that is among the most exposed to natural hazards, Vietnam’s coastline often bears the brunt. Typhoons, storm surges, riverine flooding, coastal erosion, drought, or saline intrusion are all-too-familiar...
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...
In the aftermath of the 2008 Wenchuan Earthquake, the Chinese government recognized the importance of catastrophe insurance in promoting rapid rehabilitation and recovery following a disaster. China has...
The Philippines is highly vulnerable to adverse natural events that creates risk to its recent achievements in poverty reduction and can negatively affect economic growth and debt sustainability. Across...
Globally, floods are the most frequent and damaging natural hazard. This poses a serious development challenge to many countries and their efforts to reduce poverty and increase shared prosperity. To help...
Understanding the causes of flood disasters, and ways to mitigate them, is an essential first step toward the integrated management of flood risk in cities. This can help decision makers guide investments...
This guide provides practical guidance for governments regarding how to effectively communicate with communities during the recovery phase following an emergency. It explains how to identify communication...
The Road Sector Project for Lao Peoples Democratic Republic to: (1) improve road services on two main national corridors and the provincial road network; (2) rehabilitate roads damaged by Typhoon Ketsana;...
The Philippines’ financial sector is highly vulnerable to climate risks. The country has high exposure to natural hazards (typhoons, landslides, floods, droughts, volcanic eruptions), strong dependence...
This paper builds on the existing literature assessing retrospectively the quantitative effects of natural disasters on different dimensions of household welfare, to make progress toward the ex ante identification...
Japanese communities’ experience has been leveraged to strengthen community-led recovery, preparedness and longer-term resilience in developing countries, including Nepal and the Philippines.