DRRRF

THE GLOBAL BANK
DISASTER RISK REDUCTION
AND RECONSTRUCTION FUND

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Press Releases

Statement by the Global Bank President Ron Nechemia on the 78th Anniversary of the Liberation of Auschwitz-Birkenau—as the International Holocaust Remembrance Day

Statement by the Global Bank President Ron Nechemia on the 78th Anniversary of the Liberation of Auschwitz-Birkenau—as the International Holocaust Remembrance Day
January 27, 2023

Chun Jie Kuai Le!

Happy Lunar New Year (新年快乐)! On behalf of the Global Bank Group, I would like to extend our heartfelt greetings and best wishes to you, your families, and your colleagues as we celebrate the Lunar New Year (新年快乐)...
January 20, 2023

Global Bank President Ron Nechemia's Statement on the Passing of President Mikhai Gorbachev

On behalf of the Global Bank Group, I extend my heartfelt condolences to Mikhail Gorbachev’s family and the people and government of the Russian Federation. Global Bank joins people around the world in mourning the passing of the last Soviet Union leader, Mikhail Gorbachev, who was a significant driver of change in the 20th century.
September 1, 2022

Message by Global Bank Group President Ron Nechemia - America Independence Day

Today, the Global Bank Group joins our friends, host country, and allies to celebrate the United States’ freedom, liberty, and independence. These are three of the many core values that Global Bank Group and the United States share, allowing us to work side-by-side to address some of the most significant challenges confronting humanity and explore opportunities around the world.
July 4, 2022

Global Bank Group Launches a Global Bank Compact with Africa to Promote Investment in Infrastructure and Sustainable Development in Africa

Commemorating the anniversary of Africa Day, the President of the Global Bank Group, Ron Nechemia, today announced the launch of the Global Bank Compact with Africa, saying it gave the states the unswerving commitment of Global Bank
May 24, 2022

Statement by the Global Bank President Ron Nechemia - on the Horrific Bucha Massacre, Ukraine

Global Bank President Ron Nechemia said that he was “deeply disturbed” by the images of the horrific brutality against innocent civilians that were targeted and killed in Bucha, which we haven’t seen in Europe for decades. He adds, “it is essential that an independent high-level inquiry leads to accountability.”
April 6, 2022

Global Bank's President Ron Nechemia Offers Humanitarian and Developmental Assistance to Lebanon in Response to the Deadly Explosion

"I pledge my fraternal solidarity with the people of Lebanon, and we share the pain and sorrows of the Lebanese people after the explosion that killed more than 220 people, wounded more than 4,000 and left an estimated 300,000 homeless in Beirut," said Ron Nechemia, Global Bank President...
August 14, 2020

Statement by the President of the Global Bank Group Ron Nechemia - on COVID-19

COVID-19 pandemic is continuing to expand globally and its global impact is already staggering, with more than 118,000 cases in 114 countries, and 4,291 people have lost their lives, thousands more are fighting for their lives in hospitals from the pandemic caused by the novel coronavirus, following an outbreak that started in Wuhan, China, in early December.
March 11, 2020

Australia's Deadly Wildfires: Global Bank to step up help and support

Fires blazing around Australia are responsible for at least 28 deaths and destruction of at least 5,900 buildings, including approximately 2,683 homes. As of January 12, at least 18.6 million acres of Australia have burned in one of the country’s worst fire seasons on record. That’s an area larger than West Virginia or Denmark, and more than eight times the area that burned in California in 2018, the state’s most destructive year for wildfires.
January 12, 2020

Global Bank Group President Ron Nechemia says the Australian bushfires are “deeply concerning.”

President Ron Nechemia remains troubled by the devastation caused by the ongoing fires in the States of New South Wales and Victoria, Australia. “Thousands have been displaced, dozens of people have lost their lives, thousands of homes have been destroyed, and an estimated 500 million animals have perished.”
January 8, 2020

Global Bank Central Emergency Response Fund Marks Another Milestone in Addressing Disasters, Conflict, and Fragility

Global Bank Group announces expansion to include conflict and fragility within the Global Bank GB-CERF programme. The launching of this expansion marks another milestone in addressing disasters, conflict, and fragility. It builds on the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund () (GB-DRRRF) and the Global Bank Adaptation and Resilience Action Plan. The Global Bank Central Emergency Response Fund was established in 2019, as a multi-donor partnership and grant-making financing mechanism. Its purpose is to ensure a more predictable, flexible, and timely response to disasters, conflict, and fragility.
December 12, 2019

Global Bank Group Launches Central Emergency Response Fund to Promote "Early Action and Rapid Response" to Reduce the Loss of Life

Global Bank Group announces the launch of the Global Bank Central Emergency Response Fund (GB-CERF). The GB-CERF was established in 2019, as a multi-donor partnership and grant-making financing mechanism. Its purpose is to ensure a more predictable, flexible and timely response to disasters, conflict and fragility.
December 1, 2019

2019 International Day for Disaster Risk Reduction

The United Nations General Assembly decided to maintain the observance of the International Day for Natural Disaster Reduction on Sunday the 13th day of October (Resolution 64/200, 21 December 2009) to raise the profile of disaster risk reduction as a vehicle to promote a global culture of natural disaster reduction, including disaster prevention, mitigation, and preparedness.
October 13, 2019

“Build Better Before” is the Global Bank Group President Ron Nechemia’s Message for 2019 International Day for Disaster Risk Reduction

The Global Bank Group and its partners invite private-sector infrastructure project developers, investor-owned utility and governments to “Step Up for Disaster Risk Reduction in Infrastructure” as populations need to be protected against natural and climate-related disasters, even as hazards are expected to increase in frequency and intensity over time. The President of Global Bank Group, Ron Nechemia’s message for 2019 International Day for Disaster Risk Reduction is “Build Better Before” a natural hazard becomes a disaster.”
October 13, 2019

ADAPT NOW: A Global Call For Leadership on Climate Resilience

If we spend $1.7 trillion on climate adaptation we could make four times that much back - As indicated in the Intergovernmental Panel on Climate Change (IPCC) Special Report on Global Warming of 1.5 °C, damaging climate change impacts are being felt now, much sooner and more powerful than previously projected. Adaptation is about managing the risks associated with climate change – from floods and droughts to sea-level rise and storms.
September 12, 2019

"Deeply concerned": Global Bank Group President Ron Nechemia expresses condolences to the people of Bahamas

"Deeply concerned": Global Bank Group President Ron Nechemia expresses condolences to the people of Bahamas, following the terrible devastation caused by Hurricane Dorian in the northern Bahamas. Following the terrible devastation caused by Hurricane Dorian in the northern Bahamas, the Global Bank Group
September 4, 2019

Tropical Cyclones Idai and Kenneth Affects 3 Million People Across Southern Africa — Global Bank Group Ramps Up Response

Southern Africa was hit by two subsequent cyclones that left a trail of damage and destruction in their path. More than 3 million people experienced the direct effects of the cyclone. It is estimated that 1.8 million people are in immediate emergency
May 17, 2019

"The heart in ashes": Global Bank Group President Ron Nechemia condolences to the people of France, following the fire at the 850-year-old Catholic cathedral

As Cathedral of Notre-Dame de Paris has burned on Monday, the Global Bank Group President Ron Nechemia () shared his shock and sadness, “It’s a deep wound to see the devastation inflicted by flames at the 850-year-old Catholic cathedral as images of the fire are shown live around the world.”
April 17, 2019

Statements by Global Bank President Ron Nechemia on Approval of David Malpass to be 13th President World Bank

Los Angeles, CA – April 5, 2019 – The Chairman of Global Bank Group1 Ron Nechemia () issued the following statement on the appointment of David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019:
April 9, 2019

Ron Nechemia, the President of the Global Bank Group, Statement on Western Sahara Regarding the Effects of Cyclone Idai in Southern Africa

Los Angeles, CA – March 26, 2019 – Ron Nechemia, the President of the Global Bank Group, has today extended his condolences following the loss of lives and expressed support to all of those in Southern Africa affected by the deadly cyclone that devastated a multitude of nations beginning in Mozambique on March 4th reaching its peak on March 14 with sustained winds of 195 km/hr (120 mph) and finally dissipated on March 21st. The President of the Global Bank Group has today issued the following statement on behalf of the Bank Group, its
March 28, 2019

The Chairman of Global Bank Group Ron Nechemia to Lead the Global Bank Delegation at Japan's First Ever G-20 Development Working Group's Meeting

The Chairman of Global Bank Group1 Ron Nechemia will travel to Tokyo, Japan from March 11-15 to lead the Global Bank Group delegation to the G-20 Development Working Group's Meeting. The G-20 Development Working Group's Meeting offers an opportunity for Global Bank Group to exchange views and collaborate on global economic, trade and development, description risk reduction, infrastructure and other issues of mutual concern, including sustainable development and the role of the Global Bank Group within the multilateral system. These conversations will s
March 13, 2019

“Build Better Before” Instead of “Build Back Better” is the Global Bank Group Message for G-20 Development Working Group's Meeting in Tokyo, Japan

Los Angeles, CA – March 9, 2019 – On Wednesday, March 13th, 2019, the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the GB-DRRRF) will be participating in the G-20 Development Working Group's Meeting. The Ministry of Foreign Affairs of Japan (MOFA) has co-organized the Side-Event entitled "Prospects on Achieving Disaster Risk Reduction Agenda" with the United Nations Office for Disaster Risk Reduction (UNISDR), the United Nations Development Programme (UNDP), and the Japan International Cooperation Agency (JICA) in the margins of the second G-20 Development Working Group (DWG) meeting under the Japanese Presidency.
March 11, 2019

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About GB-DRRRF
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (GB-DRRRF) (), established in 2017, is a multi-donor partnership and grant-making financing mechanism. Its purpose is mainstreaming climate change into development to help achieve the Sendai Framework targets by 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 rapid and flexible support offered by the Global Bank Disaster Risk Reduction and Reconstruction Fund makes it a central pillar of the Global Bank Group agencies’ humanitarian response architecture.

More detailed information can be found on the GB-DRRRF’s website http://www.gbdrrrf.org/

About Global Bank

Global Bank Group

Global Bank is the Global Bank Group’s long-term sovereign lending institution. As a development bank with an agenda driven by G-7 and G-20 priorities, its leading priority is to promote global economic and social development.

Global Bank is one of five institutions that comprise the Global Bank Group. The Bank is the part of the Global Bank Group that works with developed and developing countries, particularly the least developed countries (LDCs), to promote sustainable, equitable and job-creating growth, reduce poverty and address regional and global importance issues.

For information about the Global Bank, please visit http://www.global-bank.org

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