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International

Asian Development Bank offers disaster risk financing

August 19, 2019 Reprints

Philippines-based Asian Development Bank is offering a new contingent natural disaster risk-financing program to member countries for providing quick payments following significant catastrophes, Artemis.bm reports. The contingent disaster financing program will provide payouts for disasters such as typhoons, floods, earthquakes, droughts, and tsunamis.

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Asian Development Bank offers disaster risk financing

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