DRRRF

THE GLOBAL BANK
DISASTER RISK REDUCTION
AND RECONSTRUCTION FUND

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How can the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fun help to address disaster risks?

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund”, “GB DRRRF” or “DRRRF”) is working to build resilience in vulnerable communities around the globe. The DRRRF is a multi-donor partnership and grant-making financing mechanism. Its purpose is mainstreaming climate change to help achieve the Sendai Framework for Disaster Risk Reduction 2015-2030 - a decade-long plan to help make the world safer from disasters caused by natural hazards — and to support the implementation of the Global Climate Agreement in Paris, and prevent disasters undermining progress on the Sustainable Development Goals. The Sendai Framework for Disaster Risk Reduction 2015-2030 (SFDRR), was adopted at the Third UN World Conference on Disaster Risk Reduction (WCDRR), held on March 14-18, 2015 in Sendai, Japan, and will guide action on disaster risk reduction worldwide for the next 15 years.

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund supports countries around the world in mainstreaming a comprehensive and integrated approach to disaster risk management (DRM) into development. The DRRRF was established in October 20017, as a Global Bank Group-supported partnership of donor and recipient countries and international organizations to further reduce the risks from natural disasters and promote international and regional cooperation and to lessen the vulnerability of developed and developing countries alike. The DRRRF supports on-the-ground technical assistance to help developed, and developing countries integrate disaster risk management (DRM) and climate change adaptation into development strategies, policies and investment programs, including post-disaster recovery and reconstruction.

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund disaster risk management activities are part of a comprehensive framework. This framework focuses on five core areas of risk management and systematically addressing each core area: risk identification, risk reduction, emergency preparedness, financial protection, and sustainable recovery and reconstruction.

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

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