US$730m has been pledged so far—only a quarter of Vietnam's Typhoon Yagi damage—and early projects could determine whether the fund attracts additional financing.
Authorities from both countries brace for further rainfall as rescue efforts continue and insurance providers expedite support for affected communities.
The new centre uses technology and collaborative insights in efforts to enhance disaster preparedness and customer support across Australia and New Zealand.
Researchers use neural networks to uncover complex links between weather patterns and crop losses and say new model could reduce farmers' insurance premiums by up to 37%.
