Leaders call for tenfold Increase in proportion of international crisis finance that is pre-arranged to meet the cost of future crises
The High-Level Panel on Closing the Crisis Protection Gap launch report Crisis Protection 2.0: Future-Proofing Our World. Concluding a year of deliberations, the report’s call to action is stark: The crisis protection gap is widening, and to meet increasingly frequent and severe shocks across the globe requires scaling the proportion of crisis finance, which is prearranged tenfold by 2035, especially for the least developed countries and small island developing states.
Emily White appointed as Chief Finance and Operations Officer at the Centre for Disaster Protection
The Centre for Disaster Protection (the Centre) is delighted to announce the appointment of Emily White as its Chief Finance and Operations Officer. The new role has been created to position the Centre for its next phase, to further develop delivery capability to meet the growing momentum in the global disaster protection agenda.
Cristina Stefan appointed as Head of Advisory at the Centre for Disaster Protection
The Centre for Disaster Protection (the Centre) is delighted to announce the appointment of Cristina Stefan as its new Head of Advisory. Cristina brings a wealth of experience in advising humanitarian organisations, countries and multilateral development banks in designing pre-arranged finance solutions, such as sovereign insurance products; agricultural insurance schemes; insurance-linked securities; and other alternative risk transfer products.
Pre-arranged financing for disasters remains concentrated in wealthier regions with significant gaps in protecting the most vulnerable populations
Just 1.1% of total crisis financing from international development donors was arranged in advance in 2022, according to the latest data, and remains concentrated in wealthier regions.
Press release: Centre for Disaster Protection selected to coordinate Technical Advisory Group for Global Shield against Climate Risks
25 March, 2024, London, UK, Bonn, Germany: The Centre for Disaster Protection (the Centre) is excited to announce today that it has been selected as the Coordinator for the Technical Advisory Group (TAG) of the Global Shield against Climate Risks (Global Shield).
Press release: New report shows pre-arranged financing accounted for just 2.7% (USD1.9 billion) of the total USD71 billion in crisis financing flows in 2021
16 November, 2023, London, UK: The Centre for Disaster Protection publishes today its inaugural annual report, The State of Pre-arranged Financing for Disasters 2023, a significant milestone in understanding, measuring and advancing pre-arranged financing (PAF).
Joint Media Release: Sovereign Risk Pool Summit 2023
A Sovereign Risk pool summit took place on October 5, 2023 in London, UK, to facilitate strategic engagement across representatives of the African Risk Capacity Ltd (ARC Ltd), the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) including Central America, the Pacific Catastrophe Risk Insurance Company (PCRIC) and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF).