WB_GFDRR_EN

CITY DEVELOPMENT STRATEGY INFORMATION PLATFORM: FINANCING TOOLS

World Bank Global Facility for Disaster Reduction and Recovery Type of institution: Global partnership

Missions: The Global Facility for Disaster Reduction and Recovery (GFDRR) is a partnership of 36 countries and 6 international organizations committed to helping developing countries reduce their vulnerability to natural hazards and adapt to climate change. The GFDRR has three main business lines to achieve its development objectives at the global, regional and country levels:  Track-I: Global and Regional Partnerships  Track-II: Mainstreaming Disaster Risk Reduction (DRR) in Development  Track-III: Standby Recovery Financing Facility (SRFF) for Accelerated Disaster Recovery Though this program is not directly linked to City Development Strategy (CDS), disaster risk management (DRM) should be included as an essential component in the design of a CDS, particularly focusing on the urban strategy. Financing of DRR/ DRM activities at a national and/or city level, fall under the Track-II funding envelope detailed above.

Mode of funding: GFDRR provides ex ante support, primarily through a 3-year technical assistance program to enhance investments in risk reduction and risk transfer mechanisms. The grant is normally given to an institution with a record of achievement in the program area and financial probity. A new institution may have to be created where no suitable institution exists. The quality of the activities implemented by the recipient institution (existing or new) and the competence of its management are important considerations.

Priority will be given to those applicants that:  Have a new national development plan or Poverty Reduction Strategy in the pipeline; or  Expressed interest to the GFDRR in developing a disaster risk reduction strategy that is not funded elsewhere; or  Requested assistance from other donors or investors to prepare an investment framework, financing strategy, or specific high priority risk mitigation and emergency preparedness project, but whose implementation is hampered by lack of institutional capacity or sufficient funding; or  Have been specifically designated by a donor to receive support from Non-Core Funds approved by the GFDRR Secretariat.

Criteria to be highlighted: All proposals for GFDRR assistance must fit within one of three Tracks. Proposals are assessed by the

CITY DEVELOPMENT STRATEGY INFORMATION PLATFORM: FINANCING TOOLS GFDRR Secretariat against the following set of criteria: 1. Consistency with the GFDRR Mission: All activities must be consistent with the GFDRR’s overarching objective of mainstreaming DRR and assisting sustainable recovery to help eliminate poverty and achieve sustainable development.

2. Government Commitment: There must be clear evidence of country ownership of country-specific activities.

3. Donor Coordination: The GFDRR activities must be undertaken in a way that promotes effective coordination with the activities of GFDRR partners. In particular, country-specific activities are undertaken only if the GFDRR Secretariat is satisfied that the proposed activity does not conflict with programs or activities being undertaken by the World Bank Group, the International Strategy for Disaster Reduction (ISDR) system, other GFDRR donor partners or, to the extent this is easily verifiable, by other donors, United Nations agencies, and other stakeholders outside of GFDRR. Joint initiatives involving national governments, the UN system, IFIs and others at the country level are encouraged to seek Track II and III financing.

4. Co-financing: All proposals should include co-financing with a target of at least 10% financing from the proponent or the relevant low- or middle income country government, as well as from other sources. Co-financing may be in the form of in-kind assistance.

5. Demand Driven: Proposals must be needs-based and provide clear evidence that affected communities have participated in the formulation and prioritization.

How to submit proposals: Proposals for Track-I activities may originate from any interested source, but must be routed through the ISDR Secretariat. All proposals undergo a two-stage evaluation. Stage 1 is a screening process and contains a short summary of a proposed activity. Once Stage 1 is approved, Stage 2 (more detailed) is completed by the proponent. Depending on the merits of a proposal and availability of funds, some applications may not proceed beyond Stage 1. The application and evaluation process is guided by the GFDRR Operations Manual (Link, when available). All proposals are first submitted to the GFDRR Secretariat.

The application form requesting GFDRR support may be obtained from the GFDRR website (below). Once completed, applications can be sent by email to the GFDRR Secretariat at Application@GFDRR.org, or by mail to GFDRR Secretariat, MSN H6-601, c/o The World Bank Group, 1818 H Street NW, Washington, DC 20433.

Website: www.gfdrr.org Contact: Aditi Banerjee Phone: + 1 202 458 0744 Email: abanerjee4@worldbank.org

Date of entry: July 2011