South Africa is highly vulnerable to natural disasters. Between 1952 and 2019, South Africa experienced USD 9 billion in economic losses due to disasters, including droughts, floods, wildfires, and social violence, with an acceleration in losses due to the increasing frequency and severity of shocks (World Bank, 2022). The "Day Zero" drought alone cost the Western Cape more than R5 billion, reducing the production of deciduous fruit, wine, and citrus...
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DETAILS
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2025/03/28
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Report
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200156
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1
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2025/03/28
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Disclosed
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Disaster Risk Financing Approaches: Independent Report on the Experience of South Africa Municipalities
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Citation
World Bank.
Disaster Risk Financing Approaches: Independent Report on the Experience of South Africa Municipalities (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099032825104570788