World : Nepal Explores Catastrophe Bond After Devastating Floods
Reported by two or more established outlets, or an official source.
What happened
Nepal, World Bank sign mandate to explore earthquake catastrophe bond (Google News · The Star, NST, The Edge (no own RSS), 14:36)
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1 reportWorld : Nepal Explores Catastrophe Bond After Devastating Floods
KATHMANDU, Oct 15 (Bernama-Xinhua) -- Nepal and the International Bank for Reconstruction and Development (IBRD), the World Bank Group’s lending arm, have signed an agreement to explore a catastrophe bond that would provide the country with rapid access to funds in the event of a major earthquake, the global development financier said on Thursday, reported Xinhua.
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- 2 independent sources, 1 new in the last hour
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- Step 1News outletsGoogle News · The Star, NST, The Edge (no own RSS)14:36
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- Reported by an official source (Bernama)
- Covered by 2 established outlet(s): Bernama, Google News · The Star, NST, The Edge (no own RSS)
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