Global

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Jun
International experts and practitioners in climate and disaster assessment, risk management, and risk communication gathered on May 14-18, 2018 in Mexico City at the 2018 Understanding Risk Forum. Organized by the World Bank’s Global Facility for Disaster Reduction and Recovery (GFDRR) every two years, the event provides organizations and individuals with the opportunity to exchange knowledge, highlight new activities and initiatives, establish new partnerships, and foster innovation in the field. As part of this year’s program, the Disaster Risk Financing and Insurance Program ( DRFIP ) and
Index insurance is an innovative approach to insurance provision that pays out benefits based on a pre-determined index or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement process to be quicker and more objective.
The Global Index Insurance Facility conducted video interviews with donors, guest speakers, and participants at the Global Index Insurance Conference 2017 in Dakar. All 23 videos are listed here.
Unlocking Smallholder Credit: Does Credit-Linked Agricultural Insurance Work?
GIIF and ILO's Impact Insurance Facility jointly published a paper entitled "Unlocking Smallholder Credit: Does Credit-Linked Agricultural Insurance Work?" Authored by Independent Researchers Richard Meyer and Peter Hazell and World Bank Group's Panos Varangis, this paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to financial service providers (FSPs) to cover losses suffered by farmer borrowers.
Video: The Integrate Approach to Disaster Risk Management
ACRIPlus produced a short video on an approach to disaster risk management.