The Umbrella Program and the Standalone Trust Funds
In the middle of FY22, GFDRR transitioned into an Umbrella Program which channels donor contributions by providing funding for activities responding directly to technical requests from communities and countries identified through the World Bank’s operational engagement model globally. A small part of the funding is allocated by technical themes and applied in countries with a demand for technical and knowledge services related to that theme.
The Umbrella Program started with one anchor Multi-Donor Trust Fund (MDTF) and two Associated Trust Funds (ATFs), with the potential to expand to include additional ATFs over time. Under the new structure, GFDRR’s third Multi-Donor Trust Fund (MDTF III) is the anchor trust fund; the U.S. Agency for International Development (USAID) and the Multi-Donor Trust Fund for the City Resilience Program (CRP) are ATFs.
Together, the MDTF and two ATFs are working across GFDRR’s four priority areas and two cross-cutting priority areas, which have been delineated in the 2021-2025 GFDRR Strategy that seeks to achieve GFDRR’s strategic objectives. There are eight other standalone trust funds managed by GFDRR that have not been included in the Umbrella Program:
- Canada-Caribbean Resilience Facility (CRF)
- Africa, Caribbean and Pacific - European Union Natural Disaster Risk Reduction Program (ACP-EU NDRR) Trust Fund
- Caribbean Regional Resilience Building Facility (CRRBF)
- Technical Assistance Program for Disaster Risk Financing and Insurance in Caribbean Overseas Countries and Territories (OCTs)
- EU-South Asia Capacity Building for Disaster Risk Management Program (EU-SAR DRM Program)
- Strengthening Financial Resilience and Accelerating Risk Reduction in Central Asia
- Japan–World Bank Program for Mainstreaming Disaster Risk Management in Developing Countries
- Mainstreaming Disaster Risk Management in the Indo-Pacific Region (funded by Australia’s Department of Foreign Affairs and Trade or DFAT)
Schematic of GFDRR-Managed Trust Funds
