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Global Facility for Disaster Reduction and Recovery

The Global Facility for Disaster Reduction and Recovery (GFDRR) is a trust fund created by the World Bank in September 2006 to support the implementation of the Hyogo Framework for Action in partnership with the International Strategy for Disaster Reduction (ISDR).

The GFDRR functions under a three separate but interdependent operational tracks. Under Track-I operations, GFDRR provides assistance of USD 5 million annually to the UNISDR and further supports global and regional process to leverage country resources for ex-ante investment in prevention, mitigation and preparedness activities. The key deliverables under this Track are two-fold:-

  • To enhance global and regional advocacy, partnership and knowledge management for mainstreaming disaster risk reduction in high risk low and middle income countries.
  • To promote the standardization and harmonization of hazard risk management tools, methodologies and practices.

Under its Track-II operations, the GFDRR provides technical and financial assistance to low and middle income countries for mainstreaming disaster risk reduction in development, with special focus on poverty reduction activities. Presently Track-II assistance is focused on 20 priority countries - 9 in Africa (Ethiopia, Ghana, Mozambique, Togo, Djibouti, Burkina Faso, Madagaskar, Malawai, Mali and Senegal), 6 in Asia (Indonesia, Vietnam, Kyrgyz Republic, Yemen, Nepal), 3 in Pacific Islands (Marshall Islands, Papua New Guinea and Solomon Islands) and 2 in Latin America (Haiti and Panama). Besides 10 other countries earmarked by the donors receive specific assistance for risk mitigation and recovery. These include 5 countries of Asia (Cambodia, Lao PDR, Bangladesh, Pakistan and Sri Lanka), 4 of Latin America (Colombia, Costa Rica, Ecuador and Guatemala) and the Pacific Island country of Vanuatu. Part of Track II operations are also utilized for running flexible and innovative programmes like South-South Cooperation, integration of disaster risk reduction with climate change adaptation, micro-insurance, etc, which extend beyond the priority countries. So far assistance to the tune of USD 43.5 million has been provided to 54 countries under Track-II operations.

Under Track-III operations, the GFDRR has created a standby recovery financing facility to channel international assistance for disaster recovery, which is contingent upon recipient country s track record or commitment in undertaking ex ante measures for disaster prevention and preparedness programs. Track III has two financing windows: a Technical Assistance Fund, to support damage loss, needs assessment and planning; and a Callable Fund, to provide speedy access to financial resources for disaster recovery. So far assistance to the tune of USD 5.24 was provided for disaster recovery in Bangladesh, Myanmar, China, Peru and Madagascar for quick damage and need assessment, which could leverage large resources from donor countries and multi-lateral financial institutions for long term post disaster recovery and reconstruction.

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