How to Apply
Thank you for your interest in the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) financing. Global Bank strongly recommends that potential finance applicants contact the GB DRRRF Secretariat via our Application Form to discuss their project proposal prior to beginning the application process.
The GB DRRRF Secretariat is hosted within the Climate Change Global Practices at the Global Bank world headquarters in Newport Beach, California. The Secretariat is responsible for awarding and managing grants, reporting on results, and carrying out outreach and partnership development. It also acts as the support hub for a decentralized network of disaster risk management experts in the Global Bank and provides a global platform for knowledge-sharing and capacity building
To begin the application process, please go to DRRRF’s Forms Dashboard, create an account, and complete and submit GB DRRRF Form 115 – Application for Financing.
See instructions for creating an account and initiating the Application for Financing.
In addition to the GB DRRRF Form 115 – Application for Financing itself, the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund requires certain transaction supporting documentation that will enable DRRRF Secretariat to evaluate the proposed project financing transaction and to respond regarding the amount and basic terms of the requested financing. Please click here to view and print a list of the minimum required supporting documentation.
THE ORIGINATION PROCESS
Global Bank realizes that having an understanding of the process by which the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund transactions are evaluated, approved, documented and funded is important to applicants as they develop a project schedule. The DRRRF Secretariat processes transactions as quickly as the applicant and Global Bank, working together, are able to complete the necessary procedures and documentation.
The duration of the origination process varies depending on a number of factors (many of which are within the control of the applicant/sponsor), including how quickly the relevant project information and documentation are provided to DRRRF Secretariat, the complexity of the transaction, the length of the negotiations, the nature of the complexity of the financing, and the responsiveness of legal counsel.
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.