Development Finance

GFDRR's unique role within the World Bank positions it as a transformative partner in disaster risk management. Through strategic funding and technical expertise, GFDRR helps mobilize development financing and provides critical guidance to governments and World Bank teams in addressing complex, simultaneous risks globally. In fiscal year 2023 alone, GFDRR contributed to the mobilization of $6.3 billion in development financing. Below is a snapshot of recently approved World Bank projects where GFDRR played a key role — whether by informing project design, contributing to their preparation, or providing grant funding and technical assistance to maximize their impact.