The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) is a lead Global Bank Group agency working on many areas of resilience and disaster risk reduction (DRR) that are of critical importance globally.  It is hosted by the Global Bank.  The DRRRF  to support the States, in particular developing countries to mainstream disaster risk reduction and climate change adaptation in national development strategies to achieve the Sustainable Development Goals and the Sustainable Development. As a facility of the Global Bank, it is best placed amongst the development banks to do this. It also helps to build country capacity to manage disaster risks better, such as through the development and adoption of safer school and hospital designs. It has aligned its strategic objectives to the Sendai Framework for Disaster Risk Reduction 2015-2030 and supports its implementation, specifically by “Building the Resilience of Nations and Communities to Disasters.”

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund has prioritized 20 developing countries¹, based on their vulnerability to natural disasters – countries that are disproportionately affected by the consequences of global warming (the “vulnerable 20” or the “V20”).  The DRRRF addresses the negative effects of global warming as a result of heightened socio-economic and environmental vulnerabilities. Approximately half these countries are in sub-Saharan Africa; a further 11² have been earmarked to receive Disaster Risk Management funding and technical support through DRRRF. The DRRRF pursues its objectives at the global, regional, and country levels through three Tracks of programming:

• Track 1:  Global and Regional partnerships:   designed to enhance global and regional advocacy, partnerships, and knowledge management for mainstreaming disaster reduction.

• Track 2:  Mainstreaming disaster reduction in development:  directed at ensuring risk assessments, risk mitigation, risk transfer, and emergency preparedness are incorporated into all strategic plans and programmes.  Track 2 also includes special initiatives such as the Economics of Disaster Risk Reduction initiative. These will support global, regional and country level efforts to generate economic evidence for disaster risk reduction.

• Track 3:  Partnership for Sustainable Recovery:  a disaster recovery fund which aims to accelerate the transition from relief to longer-term recovery after a disaster.  This track supports co-operation among stakeholders in post-disaster damage loss and needs assessments globally.

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund works in countries after a disaster hits, with a specific focus on recovery and reconstruction.  Post-disaster, DRRRF leads at the country level in preparing, organising and implementing co-ordinated Post Disaster Needs Assessments with key partners.  Globally, these assessments are recognised as an important leap forward in developing co-ordinated recovery operations.  This comprehensive damage and loss assessment provided the foundation for the subsequent the Action Plan for National Recovery and Development. 

The Action Plan for National Recovery and Development articulated the government priorities for recovery, reconstruction, and development. It leads to a shared understanding between the government and development partners of how to help recover and begin the reconstruction process. The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund is also contributing to harmonisation between development actors and the Government.

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund is developing a Results-Based Management System.  This framework has the potential to harmonise resilience and disaster risk reduction objectives across countries and with all partners. Greater joining up in this way will ensure that countries progress faster towards achieving the Sendai Framework for Disaster Risk Reduction Goals 2015-2030, and reducing the loss of lives and assets.  The DRRRF has been instrumental in agreeing the Results Based Management System, and will continue to push for its adoption in all DRRRF’s priority countries.

To learn more about the Global Bank Disaster Risk Reduction and Reconstruction Fund, what we do and how we do it and Management and Organisation, visit the About DRRRF Section of the DRRRF Website.

For information about the Global Bank, please visit http://gbdrrrf.org/about-us/who-we-are