Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services April 16, 2021 By Iain Withers, Carolyn Cohn and Simon Jessop LONDON – Environmental scientist Laura Garcia Velez cut her teeth on projects to help Ethiopian farmers insure crops for drought...
Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped December 10, 2020 By Tracy Alloway and Tasos Vossos In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood...
World Leaders Failed to Heed Warnings and Prepare for Pandemic, Says Global Report September 15, 2020 By Kate Kelland A collective failure by political leaders to heed warnings and prepare for an infectious disease pandemic has transformed “a world...
Complex Financial Products Aren’t the Solution to Climate Change or Pandemic: Opinion May 8, 2020 By Kate Mackenzie, Bloomberg Opinion Almost exactly four years ago the World Bank announced a pioneering project, the Pandemic Emergency Financing Facility, designed to develop...
Pandemic Bonds Get Stay of Execution but Prospect of Wipeout Looms April 16, 2020 By Tasos Vossos A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor...
World Bank Pandemic Bond Losing Value, Facing Criticism as Coronavirus Spreads February 19, 2020 By Karin Strohecker A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance August 2, 2019 By Karin Strohecker World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest...
Robots Haven’t Eliminated Many Jobs – So Far: World Bank January 3, 2019 By Natalia Drozdiak The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank...
AXA’s Duverne Named Chairman of Insurance Development Forum, Replacing Catlin September 13, 2018 The Insurance Development Forum (IDF) announced the appointment of Denis Duverne as chair of its Steering Committee, succeeding Stephen Catlin,...
Almost Half of South Asia Vulnerable to Climate ‘Hotspots’: World Bank July 3, 2018 By Malini Menon Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in...