- Tropical Storm Nate - Oct 2017
- Mexico: Earthquakes - Sep 2017
- Tropical Cyclone Franklin - Aug 2017
- Hurricane Earl - Aug 2016
- Central America: Floods and Landslides - Jun 2016
- Latin America: Storm Surge - May 2015
- Mexico/Guatemala: Earthquake - Jul 2014
- Central America: Drought - 2014-2017
- Mexico: Tropical Storms Ingrid and Manuel - Sep 2013
- Central America: Dengue Outbreak - 2013-2014
Low quality healthcare is increasing the burden of illness and health costs globally
5 July 2018 News Release Geneva
Poor quality health services are holding back progress on improving health in countries at all income levels, according to a new joint report by the OECD, World Health Organization (WHO) and the World Bank.
Today, inaccurate diagnosis, medication errors, inappropriate or unnecessary treatment, inadequate or unsafe clinical facilities or practices, or providers who lack adequate training and expertise prevail in all countries.
Arunma Oteh, Vice President and Treasurer, World Bank
Group of Friends of SDG Finance
New York, United States
As Prepared for Delivery
Good morning Excellencies, distinguished, Ladies and Gentlemen. First let me thank His Excellencies Ambassadors Blanchard and Rattray for their invitation to speak to you about innovative finance.
New Report Looks at Past Disasters to Prepare for the Future
Global Facility for Disaster Reduction and Recovery: Are we prepared for the next Pompeii?
WASHINGTON, May 8, 2018 — The great disasters of the past – like the eruption of Vesuvius in 79 AD or the hurricane that devastated Santo Domingo in 1930 – can provide valuable lessons to help governments and institutions increase the resilience of communities in the face of modern challenges, such as climate change and rapid urbanization.
Climate change is emerging as a potent driver of internal migration. The report Groundswell: Preparing for Internal Climate Migration (2018) projects that, by 2050, without concrete climate and development action, just over 143 million people—or around 3 percent of the population across Sub-Saharan Africa, Latin America and South Asia—could be forced to move within their own countries to escape the slow-onset impacts of climate change.
A new World Bank report has found that by 2050 the worsening impacts of climate change in three densely populated regions of the world could see more than 140 million people move within their countries’ borders.
With concerted action, however, including global efforts to cut greenhouse gas emissions and robust development planning at the country level – this worst-case scenario could be dramatically reduced, by as much as 80 percent, or 100 million people.
Fragility, Conflict and Violence: A Global Challenge
WASHINGTON, 7 de febrero del 2018 – El Banco Mundial (Banco Internacional de Reconstrucción y Fomento) emitió bonos para el desarrollo sostenible por US$1.360 millones para otorgar protección contra terremotos de manera colectiva a Chile, Colombia, México y Perú.
Esta es la mayor operación de cobertura de riesgo soberano y la segunda mayor emisión en la historia del mercado de bonos catastróficos. Además, es la primera vez que Chile, Colombia y Perú acceden a los mercados de capitales para obtener un seguro contra desastres naturales.
The World Bank (International Bank for Reconstruction and Development) issued sustainable development bonds that collectively provide US$1.36 billion in earthquake protection to Chile, Colombia, Mexico and Peru
This is the largest sovereign risk insurance transaction ever and the second largest issuance in the history of the catastrophe bond market. It is the first time that Chile, Colombia, and Peru access the capital markets to obtain insurance for natural disasters.
This study assesses the role of the investments made in disaster risk reduction (DRR) and prevention in the actual reduction of the impact of floods in the state of Tabasco between 2007 and 2010. Based on a previous study conducted within the framework of the Technical Assistance Agreement between the Mexican Government and the World Bank, it was found that the intense rainfall events occurring in Tabasco in 2007 and 2010 were similar in terms of their hydrometeorological characteristics (rainfall) and spatial distribution (rainfall fields).
This paper discusses agricultural insurance subsidies in detail and draws upon available literature and case study experiences to propose some good practice guidelines for their design and implementation. Any insurance subsidy needs to be carefully designed to be “smart”, in the sense that it is cost effective in achieving its underlying purpose, minimizes disincentive problems, and does not become a growing financial burden on the government.
Javier E. Báez, Alan Fuchs, Carlos Rodríguez-Castelán
1. Executive Summary
The region has made impressive strides in the struggle against poverty and income inequality The Latin America and Caribbean region has achieved remarkable economic and social progress over the last decade, gradually shifting toward middle-income status.
Convened under the Presidency of Fiji, the 2017 UN Climate Change Conference of Parties (COP) will make history as the first-ever small island state COP. The negotiations will take place from 6 to 17 November at the World Conference Center in Bonn.
To support the ambitions of the Paris Agreement, the Bank Group is ramping up action around key focus areas such as mobilizing climate finance and supporting vulnerable countries to build resilience to climate impacts.
The government of Mexico, through its National Water Commission, has helped more than 90 water operators improve the efficiency of the water supply services they provide to their urban populations.
WASHINGTON, 28 septembre 2017 — Les programmes d’aide alimentaire et de coupons d’alimentation représentent un soutien vital pour les 1,5 milliard d’individus pauvres et vulnérables dans le monde. Selon un nouveau rapport de la Banque mondiale, une bonne compréhension du fonctionnement de ces programmes et de leurs liens avec les systèmes de protection sociale permet d’assurer la sécurité alimentaire et d’aider les pauvres.
BOGOTA, Colombia, 28 de septiembre - Expertos fiscales, economistas y ecologistas de renombre comienzan hoy un taller en Bogotá para estudiar cómo los ministerios de finanzas de América Latina pueden utilizar y diseñar instrumentos fiscales que mitiguen el impacto del cambio climático.
El foro "Reformas Fiscales Ambientales para el Crecimiento Bajo en Carbono" es organizado conjuntamente por el Ministerio de Hacienda y Crédito Público de Colombia y la iniciativa denominada Climate Action Peer Exchange (CAPE).
WASHINGTON, September 28, 2017 –With 1.5 billion people covered globally, food and voucher programs provide an important lifeline for the poor and vulnerable. Understanding how those programs work, and how they connect to wider social protection systems is key to ensuring food security and helping the poor, says a new World Bank report.
Santiago, 21 de agosto 21 de 2017. La Alianza del Pacífico anunció que está realizando un estudio analítico para modelar la exposición ante desastres naturales de sus países miembros. El estudio se concentrará inicialmente en el riesgo sísmico y también está evaluando la posibilidad de emitir un bono catastrófico (Cat Bond) conjunto para transferir parte del riesgo a los mercados financieros.
Washington, DC, August 4, 2017 – The World Bank (International Bank for Reconstruction and Development, or IBRD) issued catastrophe bonds that will provide Mexico with financial protection of up to $360 million against losses from earthquakes and tropical cyclones.
Washington, D.C., 4 de agosto de 2017 — El Banco Mundial (Banco Internacional de Reconstrucción y Fomento, BIRF) emitió bonos catastróficos que brindarán a México protección financiera por un monto de hasta US$360 millones ante pérdidas derivadas de terremotos y ciclones tropicales.