The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund” or “GB DRRRF”) framework considers the importance of fiscal and financial instruments in the context of investments for resilience and the integration of disaster risk consideration therein.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund address the barrier to finance in adaptation, sustainable agriculture, energy efficiency, renewable energy, disaster recovery and disaster risk insurance with an innovative financial instrument that has the potential for scaling up financing for a low-carbon, climate-resilient economy.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund aims to increase governments’ financial response capacity to natural disasters. The DRRRF is one of the five pillars of the Global Bank - DRRRF’s comprehensive Disaster Risk Management (DRM) framework which promotes the mainstreaming of disaster risk reduction and climate change adaptation in a broader country development agenda. This is in line with the implementation of Priority Action Number Four of the Hyogo Framework for Action (HFA) – to reduce disaster risk by addressing underlying key factors. Additionally, the G20 and Sendai Report have advanced disaster risk management as a crucial area of focus.
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