A consortium of humanitarian actors hailed the success of a disaster preparedness program that not only aims to improve typhoon forecasting but also ensures that affected families have emergency funds even before a disaster struck.
Given the Philippines’ high exposure and vulnerability to climate change impacts and disasters, there is a great need to develop policy measures for climate and risk financing to ease the burden of covering losses and damages. One low-hanging financing policy option to address climate and disaster...
Financial inclusion and increased social protection are critical as the Philippines is experiencing an economic downturn brought by the COVID-19 pandemic, alongside the series of disasters that hit the country in 2020.