In this context, the Strategic Framework on Development and Climate Change for the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) the DRRRF will support specific needs and priorities of its diverse clients. Six action areas — each providing tools for supporting both adaptation and actions with mitigation co-benefits — will allow the DRRRF’s entities to build on their relative strengths, increase its synergies, and partner with external players, basing the division of labor on the comparative advantages and mandates:
- Support climate actions in country-led development processes;
- Mobilize additional concessional and innovative finance;
- Facilitate the development of market-based financing mechanisms;
- Leverage private sector resources;
- Support accelerated development and deployment of new technologies; and
- Step up policy research, knowledge, and capacity building.
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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