DRRRF

THE GLOBAL BANK
DISASTER RISK REDUCTION
AND RECONSTRUCTION FUND

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Private Sector Partnerships

“At Global Bank Group we believe that good partnerships can build great opportunities, exciting initiatives and ground-breaking experiences. Our partnership with the private sector delivers against one of the most compelling visions, creating risk-resilient societies.”

- Ron Nechemia, CEO and President, Global Bank Group

Private Sector Partnership for Resilience and Preparedness
Global Bank recognizes the crucial importance of coordinating our efforts and championing bold, transformative action create risk-resilient societies. The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Fund,” “GB-DRRRF,” or “DRRRF”) works to accelerate sustainable and inclusive economic growth across regions and sectors and to create risk-resilient societies. Global Bank play a critical role in building partnerships and creating new opportunities with and for the private sector.

The Global Bank Group recognized the need to create a private –public disaster risk management (DRM) platform. The aim of the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund initiative is to foster a sustainable collaborative platform both within and beyond the private sector. The ultimate goal is to create risk-resilient societies. The Global Bank Group play a critical role in building partnerships and creating new opportunities for the private sector.

The private sector is a vital part of the Agenda 2030. At the Global Bank Group, we see the vast network of business, industry, academia, trade associations, and other non-governmental organizations as equal - and equally responsible - partners in every phase from preparedness to response and recovery to mitigation. The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund has worked steadily to increase the level of private sector collaboration at all levels.

The Global Bank Group's engagement with the private sector involves a whole-of-bank approach under the leadership of Ron Nechemia the Chairman of the Board of Governors of the Global Bank Group, who represents the Global Bank Group.

The Global Bank strategy is simple and effective: Bring together the most relevant leaders from all sectors of global society, and identify the best ways to address the world’s most significant challenges.

With a long track record of ground-breaking, innovative global partnerships, the Global Bank Group sets a high standard for meaningful private sector relationships that combine technical assistance and knowledge transfer with financial contributions to not only solve global problems, but also to create measurable business outcomes. Together with each partner, we develop a strategic partnership that creates synergy between our interests and goals, exchanging valuable expertise to generate impact that shifts business one step closer to creating risk-resilient societies.

The Global Bank Group works with global leaders in almost every industry to create shared value that can be measured against 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. Creating risk-resilient societies, provides us with a defined roadmap to track and evaluate the progress of our combined efforts.

To help us achieve the Sendai Framework targets by 2030, the Global Bank Group draws on its partners’ industry-leading knowledge, expertise and positioning to strengthen operations, amplify our message, fund lifesaving programmes and innovate solutions to some of the world’s most important challenges.

The door is wide open to the private sector and building a variety of collaborative partnerships with those companies separates the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund, which is part of the Global Bank Group, from most other development banks and agencies that have developed public-private liaisons. Together with DRRRF the private sector will play a critical role in driving innovative thinking and defining how risk exposure can be managed collaboratively and communicated to public sector bodies. The focus will be on actionable tools, practical insights and links to competent partners in the public sector.

The DRRRF Secretariat is working toward establishing relations with some 200 international organizations from all around the world. The nature of the joint work can range from informal contacts and information sharing to joint projects and programmes

More information on regional organizations is available under ‘Where We Workcategorized under ‘Our Partners’ section of each regional web-page.

Please Contact Us for more information.

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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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