Disaster risk financing and insurance program: strengthening financial resilience to disasters

This report presents the GFDRR's Disaster Risk Financing and Insurance Program (DRFIP) which promotes dialogue on financial resilience as a component of the World Bank’s support to countries in better managing disasters and climate shocks. The initiative connects financial expertise with risk management across many sectors, bringing countries comprehensive solutions and helping them to become more effective in managing their own risk.

This document recommends the following actions to improve disaster risk financing:

• Integrate disaster risk financing in at least three new World Bank lending operations each year;
• Launch new initiatives on social protection and analytics with DRFI engagements in at least five new countries;
• Expand advanced training in disaster risk finance to reach 300 officials.