DRFI Program Mission StatementThe Disaster Risk Financing and Insurance (DRFI) Program helps developing countries increase their financial resilience against natural disasters within the broader disaster risk management and climate change adaptation agenda. Read More
Ongoing DRFI Projects at a Glance
Sovereign Disaster Risk Financing
Property Catastrophe Risk Insurance
Sovereign Impact Appraisal
Developing an Institutional Mechanism to Finance Post-Disaster Recovery and Reconstruction OperationsBy Olivier Mahul, Rubem Hofliger, and Hannah Yi
Colombia: Policy Strategy for Public Financial Management of Natural Disaster RiskBy Government of Colombia (with input from the DRFI Program)
Sovereign Disaster Risk Financing and Insurance Program for Middle-Income CountriesBy Olivier Mahul, Benjamin Fox, and Lorenz Widmer
Impact Appraisal for Sovereign Disaster Risk Financing and Insurance: Towards Better Evaluation and EvidenceBy Olivier Mahul, Daniel Clarke, and Sevara Atamuratova
PCRAFI Catastrophe Risk Assessment MethodologyBy Iain Shuker and Olivier Mahul
Profile of Partner Institutions
Global Facility for Disaster Reduction and Recovery
The DRFI Program operates in partnership with the Global Facility for Disaster Reduction and Recovery (GFDRR). GFDRR works to mainstream disaster risk reduction and climate change adaptation in country development strategies by supporting a country-led and managed implementation of the Hyogo Framework for Action. For additional information on the country and the institutional partners of GFDRR, visit the GFDRR website.
Swiss State Secretariat for Economic Affairs (SECO)
The Sovereign Disaster Risk Financing and Insurance Program for Middle-Income Countries is a partnership between the World Bank and the Swiss State Secretariat for Economic Affairs that aims to reduce the financial vulnerability of these states to natural disasters. The Program helps governments of middle-income countries to improve their financial response capacity in the aftermath of a natural disaster while protecting their long-term fiscal balances. Visit the SECO website.
Government of Japan
The Pacific Disaster Risk Financing and Insurance Program is being supported by the Government of Japan for a period of four years. Presently, the Disaster Risk Financing and Insurance Program and the Government of Japan (GoJ) are collaborating to provide technical assistance to the PICs and to finance the establishment of a disaster risk insurance pilot program. Visit the Ministry of Finance website.
Ministry of Foreign Affairs of the Netherlands
The Agricultural Insurance Development Program is a partnership between the World Bank and the Netherlands Ministry of Foreign Affairs. The Netherlands Ministry of Foreign Affairs is an established leader in promoting sustainable agricultural risk management in developing countries. AIDP is part of a broader Swiss-Dutch-World Bank partnership on agricultural risk management. Visit the Ministry of Foreign Affairs website.
The United Kingdom's Department for International Development
The UK Department for International Development (DFID), the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR), are partnering to improve the evidence base for sovereign DRFI to develop new and innovative ways of managing risk. Visit the DFID website.