PUBLICATIONS CENTRE
FINANCING EXPLICIT CONTINGENT LIABILITIES THROUGH IDA
This paper proposes an innovative approach to financing contingent liabilities using IDA to purchase a contingent loan with hard triggers, on concessionary IDA terms. The payout is used to buy down the cost of a commercial loan (such as IDA’s Scale-Up Facility) to concessionary IDA terms.
ENSURING IMPACT: THE ROLE OF CSOS IN STRENGTHENING WORLD BANK DISASTER RISK FINANCING
Drawing on examples from around the world, this paper argues that civil society organisations play a vital role in ensuring that crisis financing approaches are designed and delivered effectively. It concludes that in IDA19, CSOs should be more actively engaged in its crisis financing work.
MANAGING THE FINANCIAL COST OF DISASTERS
Lessons for IDA from the UK Government’s approach to explicit contingent liabilities. This paper draws on learning from the UK’s Contingent Liability Approval Framework to consider how IDA could better support the systematic identification and management of contingent disaster liabilities for its client countries.
IDA’S CRISIS RESPONSE (CRW): LEARNING LESSONS TO DRIVE CHANGE
$3 billion was allocated to the CRW in IDA18, equivalent to a third of IDA’s total spending on crisis financing. This paper and accompanying policy brief detail how the CRW has been used to date, and identifies a number of concrete ways of improving its performance.
PREDICT AND PROTECT: G7 SOLUTIONS FOR A NEW APPROACH TO CRISIS RISK FINANCING
The Crisis Lookout Coalition came together in 2021 and 2022 to convene policy dialogues in partnership across sectors and geographies to successfully advocate for key political and funding commitments at G7 and at COP26. This paper sets out detailed and practical proposals for how the G7 could better protect vulnerable communities by better predicting and preparing for disasters.