What we do
Global Bank, Actions and People for Resilience
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (the “Trust Fund,” “GB DRRRF,” or “DRRRF”) is working to build resilience in vulnerable communities around the world. Its purpose is mainstreaming climate change to help achieve 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. The Sendai Framework for Disaster Risk Reduction 2015-2030 (SFDRR), was adopted at the Third UN World Conference on Disaster Risk Reduction (WCDRR), held on March 14-18, 2015 in Sendai, Japan, and will guide action on disaster risk reduction worldwide for the next 15 years.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund prevents new, and reduces existing, disaster risk through the implementation of integrated and inclusive economic, structural, legal, social, health, cultural, educational, environmental, technological, political and institutional measures that prevent and reduce hazard exposure and vulnerability to disaster, increase preparedness for response and recovery, and thus strengthen resilience.
The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund provides funding to the most critical humanitarian priorities based on expert advice from aid workers and agreed planning strategies. Funding decisions are made on the ground, allowing GBARTF to respond to evolving needs and to address critical gaps not covered by other humanitarian funding. This enables the humanitarian community to better reach the most vulnerable and to use available resources more effectively and efficiently.