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Insuring Against Disaster Risk

The World Bank

Disaster risk is escalating globally, with over 400 natural disasters annually, causing $250 billion in losses and 74,000 deaths in 2023. These events disrupt lives, destroy livelihoods, and threaten key sectors like agriculture and energy. Vulnerable populations, including low-income households, are disproportionately affected, worsening social inequalities and complicating recovery efforts. Disasters also strain government resources, hindering economic development and resilience investments.

The Disaster Risk Finance program collaborates with global knowledge partners like the Insurance Development Forum, academics such as Oxford University, Harvard University, and Cambridge University, local universities such as Istanbul University and Bocconi University and successful in-country Disaster Risk Finance programs for context-specific insights such as Morocco, Türkiye, Indonesia.

The Disaster Risk Finance Academy builds on years of experience in knowledge management and executive education focused on disaster risk insurance and finance.

Participants will learn in this program:

  • Fundamentals and practical tools for disaster risk finance and insurance, design of public-private Insurance program.
  • Best practices, lessons from international case studies in effective and tested disaster risk finance and insurance solutions.
  • Skills in stakeholder mapping, influencing, and negotiation. How to foster regional partnerships, and create platforms for dialogue between governments, development partners, and the private sector on Disaster Risk Finance issues.

Program Initiation: April7-11 2025, Istanbul, Turkey