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Emerging from the shock of the COVID-19 pandemic, the global economy has been shaken yet again, this time by geopolitical events that threaten to set back the nascent post-COVID-19 economic recovery,…

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The Pacific Small Island Developing States (PSIDS) are among the most vulnerable countries in the world to the impacts of climate change. The World Risk Index 2021 ranks several Pacific Island…

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In theory, the pandemic created an opportunity for policymakers to recalibrate existing policies and develop new, innovative strategies to mobilize financial resources and drive a green, inclusive,…

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Economic and non-economic shocks such as financial crises, natural disasters, and pandemics leave behind permanent scars in economies and societies and result in major setbacks to development gains…

istock / DragonImages Blog

As the people of Kiribati, Samoa and Tonga gear up to welcome 2021 as the first nations to ring in the New Year, communities around the Asia-Pacific region and beyond look forward to bidding farewell…

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The United Nations 75th anniversary has reminded us of the importance of promoting cooperative “solutions of international economic, social, health, and related problems,” as outlined in the UN…

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Extraordinary times calls for extraordinary measures. The COVID-19 pandemic has required countries to deploy large spending for emergency health response and relief measures for households and firms…

UN News / WB State Inter Agency Group on Disaster Management Blog

“We have to learn from COVID… We can’t wish away systemic risk. It’s much much cheaper, much more effective to invest upfront in order to avoid disaster and so it is with climate change – a crisis…

Unsplash / Dominik Vanyi Blog

The current COVID-19 crisis has shown that governments can act quickly and decisively if needed and collaborate to work collectively. So, why are governments not acting as quickly and decisively in…

Shutterstock / Khongtham Blog

The destruction caused by natural disasters, which is becoming more frequent and severe due to climate change, is graphic and frightening. However, there is a significant impact on the financial…