Global Facility for Disaster Reduction and Recovery
The Global Facility for Disaster Reduction and Recovery (GFDRR) is a
multi-donor partnership that supports low and middle-income
countries to understand, manage, and reduce their risks from natural
hazards and climate change. Established in 2006, GFDRR is uniquely
positioned to scale the resilience agenda in these countries by
providing funding and expertise for policy advice on improving
disaster risk management (DRM) at national and local levels, as it
relates to land use, building codes, public health, transport, and
education, agriculture, environmental protection, energy, water
resources management, poverty reduction, fiscal risk management, and
climate change adaptation, among others. This advice, in the context
of the World Bank’s policy-based lending, creates both technical
capacity and financial incentives that enables formalization of
policy changes for improved DRM. The Program Management Unit,
located within the World Bank, manages grant resources to carry out
GFDRR’s mission.
GFDRR has strategically focused its grant financing where there is
high likelihood of mobilizing larger disaster and climate resilience
operations. In addition, GFDRR has been an early investor in
cutting-edge research, contributing to global knowledge on risk
reduction and resilience as well as innovative approaches and best
practice on DRM through flagship publications. And, maximizing off
its convening power as a global partnership, GFDRR forges
cooperation between developing countries, donors, the private
sector, development partners and international finance institutions
(IFIs). Over the years, GFDRR has provided more than $750 million in
technical assistance, analytics, and capacity building support for
more than 140 countries through in-country, regional, and global
activities.