In a significant move to aid Jamaica’s recovery from the catastrophic impact of Hurricane Melissa, the World Bank has confirmed a $150 million payout under its catastrophe bond. This financial injection, the first full payout triggered by Jamaica’s 2024 bond, is a critical step toward rebuilding the nation’s shattered infrastructure and economy. However, the funds represent only a fraction of the estimated $6 to $7 billion in damages—nearly one-third of Jamaica’s annual GDP—caused by the Category 5 storm. The hurricane’s ferocity claimed 32 lives, left thousands homeless, and severed access to essential services in rural areas, with 36,000 people urgently requiring food aid. The payout, activated by pre-agreed parametric triggers linked to the storm’s central pressure and path, highlights the role of innovative financial tools in disaster risk management. World Bank Vice President Jorge Familiar praised Jamaica’s proactive approach as a model for enhancing financial resilience in climate-vulnerable nations. Despite the payout, the disaster underscores the growing disparity between financial preparedness and the escalating scale of climate-induced destruction. As Jamaica transitions from recovery to reconstruction, World Bank Vice President Susana Cordeiro Guerra emphasized the opportunity to build more resilient infrastructure and leapfrog toward sustainable development.