In FY14, GFDRR’s portfolio consisted of 226 operational grants financed with $156 million in commitments. GFDRR approved 85 new grants worth $60 million. In the year, 26 GFDRR-financed projects reached completion. 

As of fiscal year 2013, GFDRR investments have more than doubled in regions relatively new to disaster risk management such as Africa, the Middle East and North Africa, Eastern Europe and Central Asia, and South Asia; and remained constant in those regions for which disaster risk management has historically been a focus, including Latin America and the Caribbean, and East Asia and the Pacific. The region with the largest proportion of active projects is Sub-Saharan Africa, which received 38 percent of grant financing in FY13; most of this grant financing went to projects in GFDRR focus countries. By the end of FY13, GFDRR’s portfolio consisted of 141 grants worth $93million. 

These charts outline GFDRR spending by region.

 

GFDRR’s Grant Funding Mechanism

GFDRR is a grant-making facility and it is through the awarding and management of these grants that the Work Plan will be delivered. Grant making has increased from US$6 million in fiscal year FY07 to US$47 million in FY12, and demand for support from GFDRR continues to grow, six years into the program. Financial resources are administered as grants to World Bank Task Teams that work directly with government agencies, development partners, technical bodies, NGOs and private actors. Grants are typically one to three years in duration.

Throughout, the Facility judges all grant proposals on their potential to leverage investment or institutional reform and behavior change for improved management of disaster risks. In any given country, GFDRR adopts a number of criteria to help in allocating resources, including: established vulnerability indicators; past evaluation of impact; the political context (including existing relations with governments); and donor priorities.

GFDRR Trust Fund Structure

Donor contributions to GFDRR are currently received into World Bank administered trust funds, with donors agreeing to a broad program of activities over multiple years. Since its inception in 2006, GFDRR has established ten separate trust funds. These include two types: (i) core or pooled contributions to various multi-donor trust funds (MDTF), and (ii) non-core individual contributions to single donor trust funds (SDTF). In line with the GFDRR Partnership Charter, these trust funds are managed under either Track II or Track III programs. Of the ten trust funds, three MDTFs and five SDTFs remain active. Read more>>