DRRRF

THE GLOBAL BANK
DISASTER RISK REDUCTION
AND RECONSTRUCTION FUND

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Humanitarian Financing

Humanitarian Financing

CONTRIBUTE TO THE HUMANITARIAN RESPONSE PLANS
Global Bank Group mobilizes funding through the pooled funds it manages – Central Emergency Response Fund, Regional-based Pooled Funds, Country-based Pooled Funds - and advocates for improved access to people caught up in protracted crises in countries such as the Central African Republic, the Lake Chad Basin, Syria and Yemen.

The Global Bank Central Emergency Response Fund
The Global Bank Central Emergency Response Fund (the “Fund,” “GB-CERF,” or “CERF”) was created by Global Bank Group for all nations, for all potential victims of disasters. It focusses on urgent needs, and work towards longer-term recovery. It represents a real chance to provide predictable and equitable funding to those affected by natural disasters and other complex humanitarian emergencies.

The Global Bank Central Emergency Response Fund is a humanitarian fund established by the Global Bank Group in 2018. It was designed to spearhead the Global Bank Group efforts to address natural and man-made humanitarian emergencies and work towards longer-term recovery. Its purpose is to ensure a more predictable, flexible and timely response to complex humanitarian emergencies.  The objectives of GB-CERF is to promote early action and response to reduce the loss of life, enhance response to time-critical requirements and to strengthen Global Bank Group’s core elements of humanitarian response in underfunded crises, based on demonstrable needs and priorities identified in consultation with the affected State as appropriate.

The Global Bank Central Emergency Response Fund is funded through voluntary contributions. While the Global Bank Central Emergency Response Fund receives the bulk of its funding from governments, it also garners wide-range support from foundations, companies, charities, and individuals.  Given the critical role that the Global Bank Central Emergency Response Fund plays in meeting complex humanitarian needs, its annual initial funding target is $1 billion with the generous and consistent support of its donors.

To learn more about the Global Bank Central Emergency Response Fund and how it provide life-saving support to communities in need, please click HERE.

To support the Global Bank Central Emergency Response Fund, please click HERE.

Regional-based Pooled Funds (RBPF)
Regional Emergency Response Facilities are regional Standby Recovery Financing Facilities (SRFFs) that are the dedicated funds set up by the Global Bank Group for the climate disasters prone regions, such as the Global Bank Atlantic Reconstruction Fund (GBARF) which is a regional Standby Recovery Financing Facility dedicated to the Atlantic hurricane region which includes the North Atlantic Ocean, Caribbean Sea, and the Gulf of Mexico.  It will provide for rapid and predictable disaster recovery operations, as a complement to the existing international coordination and financing instruments of various multilateral and bilateral agencies for this purpose. It will also act as an incentive for developing countries to invest in ex-ante risk management and disaster mitigation initiatives.

The Global Bank Regional Emergency Response Facilities supports, in a timely and sustained manner, the efforts led by disaster-stricken countries for disaster risk reduction, in post-disaster recovery and rehabilitation processes.

To learn more about the Global Bank Regional Emergency Response Facilities and how it provide life-saving support to communities in need, please click HERE.

To support the Global Bank Global Bank Regional Regional-based Pooled Funds, please click HERE.

Country-based Pooled Funds
Country-based Pooled Funds are established by the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund when a new, complex, large-scale, emergency occurs or when an existing humanitarian situation deteriorates.

The humanitarian fund (HF) in Global Bank is a Country-Based Pool Fund based in the country (CBPF). The Country-based Pooled Funds are Multi-Donor financing instruments established by the Global Bank Group and placed under the leadership of Global Bank. They are managed by the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund and their activities are closely aligned with those of the Clusters defined in the Post-disaster Reconstruction and Economic Recovery Funds. They focus on urgent needs and work towards longer-term recovery. They have two objectives: (i) provide for rapid and predictable disaster recovery operations, as a complement to the existing international coordination and financing instruments of various multilateral and bilateral agencies for this purpose and (ii) strengthen the leadership of the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund and humanitarian coordination mechanisms.  The Country-based Pooled Funds allocates funding to Global Bank Group agencies, international and national non-governmental organizations (NGOs). These organisations, as well as donors, participate in the governance of the Global Bank Country-based Pooled Funds.

To learn more about the Global Bank Country-based Pooled Funds and how they provides life-saving support to communities in need, please click HERE.

To support the Global Bank Global Bank Country-based Pooled Funds, please click HERE.

To learn more about the Global Bank Disaster Risk Reduction and Reconstruction Fund, What we do and How we do it and Management and Organization, visit the About DRRRF and the Frequently Asked Questions Section of the DRRRF Website Section.

For more information about the Global Bank, what we do and how we do it, please go to the About Us section of the Global Bank Website. http://www.global-bank.org

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