They are five financial institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. There is a need to provide a measure of confidence in the reported impacts on the ground from flood events.
The solution Fathom’s model outputs assisted the rapid impact assessment team in confirming that the order of magnitude of the (direct) damage reported per province conforms with the order of magnitude reported by the model.
The results As the damage assessment on the ground is done in a very short timeframe, it is extremely useful to have the damage looked at from a different perspective. The World Bank gained outputs from Fathom-Global. This helped them in their understanding of the order of magnitude it is extremely useful.
By leveraging this global dataset, the World Bank reported increased confidence in the rapid damage assessment results undertaken on the ground; as well as used the data to detect some discrepancies in provinces outside the study.
Having data from Fathom provided the rapid assessment team confidence in the damage numbers being reported on the ground. Normally running models is time-consuming, however, if available quickly and at a reasonable cost, this type of data is extremely useful.