COLOMBO, June 29, 2017— Sri Lankan Government led reforms to improve competitiveness, maintain macro-fiscal stability and strengthen institutions, with broad support in the country, are key to robust economic...
Date: June 29, 2017
Type: Press Release
Language: English
Malaka Rodrigo watched with relief as the flood waters receded from his home in Matara in southern Sri Lanka. “This area doesn’t usually flood,” he said ruefully. Typically, the bunds keep the waters of...
Date: June 5, 2017
Type: Feature Story
Language: English
DAR ES SALAAM, June 1, 2017—A fast urbanizing Africa is rapidly degrading the environmental assets of its cities. Protecting those assets can increase the productivity and livability of these cities, improve...
Date: June 1, 2017
Type: Press Release
Language: English
NEW DELHI, April 17, 2017 – The Government of India and the World Bank today signed the US$ 175 million loan agreement for the National Hydrology Project. The project will strengthen the...
Date: April 18, 2017
Type: Press Release
Language: English
Down the ages, droughts and floods have stalked the vast Indian landmass. Often, these specters go hand in hand, playing out their macabre spectacle in rapid succession. For, many a time, after a long...
Date: March 22, 2017
Type: Feature Story
Language: English
March 21, 2017 - Tabonibara, Kiribati –Straddling the equator in the middle of the Central Pacific Ocean, Kiribati is made up of 33 coral atolls spread across 3.5 million km² (1.3 square miles) of ocean....
Date: March 21, 2017
Type: Feature Story
Language: English
YAOUNDÉ, March 6, 2017− The heavy rains are drawing near. For the residents of Pouss, a small village located along the embankment separating the village from the Logone River, rain is synonymous with...
Date: March 6, 2017
Type: Feature Story
Language: English
Soaring global temperatures and runaway urbanization are among the key factors making natural disasters more intense, more frequent, and more devastating by the day. The costs are enormous. Every year,...
Date: January 17, 2017
Type: Feature Story
Language: English
With the Paris climate agreement in full force, countries around the world must now get down to the serious business of addressing climate change. Cities – responsible for two-thirds of the world’s greenhouse...
Date: November 28, 2016
Type: Feature Story
Language: English
Human and economic costs of disasters underestimated by up to 60 percent MARRAKESH, November 14, 2016– The impact of extreme natural disasters is equivalent to a global $520 billion loss in annual consumption,...
Date: November 14, 2016
Type: Press Release
Language: English
WASHINGTON, November 10, 2016 – Weather and climate forecasts provide crucial data for the population, allowing farmers to time their crops, industry to plan their work schedules, and fishermen to adjust...
Date: November 10, 2016
Type: Feature Story
Language: English
World Bank announces fifth season of insurance initiative and new delivery facility WASHINGTON, November 2, 2016 – The World Bank has announced the start of the fifth round of Pacific Catastrophe...
Date: November 2, 2016
Type: Press Release
Language: English
WASHINGTON, October 12, 2016 – Natural disasters – such as Hurricane Matthew – and climate change are having devastating effects on cities and the 4 billion people who live in them today. By 2030,...
Date: October 12, 2016
Type: Press Release
Language: English
Mexico for the past two decades has been building an effective system to better manage natural disaster risk. Early-on the government recognized that the country’s geographical location generates severe...
Date: September 30, 2016
Type: Feature Story
Language: English
How natural disasters are paid for makes a big difference to the total economic cost. Ministries of finance receive countless financial protection proposals from reinsurers and banks, but often lack the...
Date: September 27, 2016
Type: Feature Story
Language: English
Natural disasters do not discriminate, affecting coastlines and mountain villages, prairies and plateaus, major and minor cities—in corridors largely populated by the poor. Committing financial resources...
Date: September 21, 2016
Type: Feature Story
Language: English
YAOUNDE, June 13, 2016 – The Government of Cameroon and the World Bank Group organized a joint portfolio review to take stock of the progress achieved by World Bank financed projects in the country last...
Date: June 13, 2016
Type: Feature Story
Language: English
GRAND-LAHOU, June 2, 2016 – Coastal erosion has devoured the old town and the lighthouse of Grand-Lahou, Cote d’Ivoire, and has led to the abandonment of homes and the loss of mangroves to firewood. Following...
Date: June 2, 2016
Type: Feature Story
Language: English
Natural disaster risk is increasing rapidly. While annual figures can vary, comparing ten-year averages paint a stark picture: between 2005 and 2014, disaster risks caused an average of 10 times more damage...
Date: May 31, 2016
Type: Feature Story
Language: English
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