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Nepal and World Bank explore earthquake catastrophe bond issuance

The initiative aims to transfer natural disaster financial risks to international capital markets.

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  1. 0:01Nepal and the World Bank are
  2. 0:03exploring an earthquake catastrophe bond
  3. 0:07The partnership aims to strengthen the
  4. 0:08country's financial preparedness for major earthquakes
  5. 0:13The specialized financial instrument transfers natural
  6. 0:16disaster risks to international capital markets
  7. 0:20The initiative operates under the global
  8. 0:22Catastrophe Bonds Program of the World
  9. 0:24Bank Group
  10. 0:26For the full story visit wenepal.com
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