Early finance means early action — introducing the Global Risk Financing Facility (GRiF)

Submitted by Lorenzo on Fri, 10/12/2018 - 09:21
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http://www.worldbank.org/en/news/press-release/2018/10/12/world-bank-group-germany-and-uk-launch-145-million-financing-facility-to-support-earlier-action-on-climate-and-disaster-shocks
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Summary

The governments of Germany and the UK, with support from the World Bank, are establishing a new Global Risk Financing Facility (GRiF) to pilot and scale up support to strengthen the resilience of vulnerable countries to climate and disaster shocks.