The
main objective of this grant is to establish and help deliver the Global
Program on Nature-Based Solutions for Climate Resilience. The Program will
serve to advance the mainstreaming of NBS across the World Bank’s global
operational and analytical portfolio, through the targeted delivery of
knowledge, technical and operational support to task teams, and the
strengthening of internal and external partnerships. This will include the
development of a strategy for scaling-up the integration of NBS for climate
resilience into operations, and the design, concept, and structure of the
program informed by this strategy.

More
specifically, the grant will advance mainstreaming of NBS through:

(a)
Designing a visible, multi-sectoral Global
Program on Nature-based Solutions for Climate Resilience and establishing and a
global strategy aligning the strategic actions, objectives and interests of the
various stakeholders. This will include establishing a partnership strategy for
engaging with external actors, donors, and other development institutions to
form strategic collaboration.

(a)
Supporting World Bank Task Teams and their
Government counterparts in the identification, operational assessment, and
application of NBS for Climate Resilience, with a focus on inland areas and
mountainous regions.

(b)
Developing knowledge products and tools; training
staff and clients on preparing and implementing NBS ensuring best practices are
integrated into operations; and strengthening internal and external
partnerships. This will include strengthening the knowledge base for NBS at
urban, coastal and landscape levels and build the technical and operational capacity
to deliver these projects more effectively.

Sendai Priorities

Priority 1Understanding disaster risk
Priority 2Strengthening disaster risk governance to manage disaster risk
Priority 3Investing in disaster risk reduction for resilience
Priority 4Enhancing disaster preparedness for effective response and to “Build Back Better” in recovery, rehabilitation and reconstruction