We are strong advocates of the role of regional organizations and the need for cooperation between the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) and the United Nations system organizations, especially the multilateral development banks (MDBs) and Regional Organizations (RO). Regional organizations have an important role to play in supporting the implementation, follow-up, and review of the Sendai Framework for Disaster Risk Reduction 2015-2030, including by fostering coherence with other international instruments, such as the 2030 Agenda for Sustainable Development and its Sustainable Development Goals, as well as the Paris Agreement on climate change. They can support member states with the design of action plans for sustainable development, but also play a key role in monitoring the implementation of these commitments.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) provides financial and technical assistance to innovative programmes and strategies that foster disaster risk reduction and works with a variety of partners at the global, regional and national levels in the pursuit of its primary goal – to facilitate the implementation of the International Strategy for Disaster Reduction (ISDR). It was created to be the focal point in the Global Bank Group for the coordination of disaster risk reduction and ensures synergies among the relevant activities of Global Bank Group agencies and regional organizations, and related activities in socio-economic and humanitarian fields.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund partners with regionally focused intergovernmental organizations referred to as regional organizations in its work towards achieving this goal. In 2018, it had approximately 20 such partnerships at different stages of development and partnered with four types of regional organizations: multidimensional regional organizations, multidimensional subregional organizations, regional bodies within the United Nations (UN) system, and regional development banks.
Through Global Bank Group, The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund has a special relationship with bilateral and Multilateral Development Banks (MDBs) – the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank Group, and the World Bank Group – with which it shares a common vision of promoting disaster risk reduction, while working to eliminate its root causes.
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.
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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 information about the Global Bank, please visit http://www.global-bank.org