The World Bank’s recent blog highlights how disasters continue to exact serious human and economic costs across Southeast Asia — and underscores why financial preparedness can be as critical as physical preparedness. Through examples such as Lao PDR’s use of impact-triggered sovereign insurance, the piece shows how pre-arranged financing enables governments to mobilize faster, deliver more predictable support, and protect livelihoods when crises strike.
Within this landscape, SEADRIF is showcased as a key regional partner helping governments turn shared priorities into practical, scalable tools. By connecting public needs with private capital and encouraging countries to learn from one another, SEADRIF supports a more coordinated, forward-looking approach to disaster risk financing as climate and disaster risks intensify. Read the full blog on the World Bank website.