The World Bank Group (WBG) has recently launched a program to promote industry resilience and competitiveness through a partnership with its Finance, Competitiveness and Innovation Global Practice (FCI GP) and the Global Facility for Disaster Reduction and Recovery's (GFDRR) Japan-World Bank Program for Mainstreaming Disaster Risk Management (DRM) in Developing Countries (Tokyo DRM Hub). It aligns with the WBG’s efforts to increase mitigation and adaptation "co-benefits" and new operational requirements that demonstrate growing importance of DRM in the industry sector.
The partnership will support developing country governments to increase resilience of their key industries to climate-related and other natural disasters through a focus on business continuity planning (BCP).