The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) international cooperation encompasses various means of implementation in addition to financial support. Technical cooperation, capacity building, and technology transfer are as instrumental to disaster risk reduction as financing. The emphasis of the DRRRF on science makes technical cooperation, technology transfer, and exchange of experts particularly important.
International cooperation and global partnership is critical to disaster reduction and to post-disaster reconstruction and recovery, and derives directly from the guiding principles enshrined in the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund as all States, particularly developing countries need support to strengthen their capacity to prevent and reduce disaster risk, support that needs to contribute to and complement national efforts.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund fosters coordinated, sustained, and adequate international support. The DRRRF is developing ways and means to incorporate disaster risk reduction measures into development assistance programs within and across all sectors. In this context, the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund and Global Bank and other Global Bank Group entities and agencies have a critical role to play through the provision of risk-informed financial support and loans which support the Global Bank Group’s integrated vision of disaster risk management across sectors and the full engagement of institutions and stakeholders.
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