DRFF in the News
Mar 04
2021
For most of us, 2020 was one of the most challenging periods in our lives. However, our desire to share, innovate, and continue making progress never stops. We are pleased to announce that because of your support, our DRF Community has grown from 2,500 members to 5,600+ members in the past year. We couldn't have done it without you - our Disaster Risk Finance family. As we advance, we want to ensure that we continue to add value to your operational work and help you expand your professional... Keep reading
Feb 28
2021
On February 16 th , the World Bank Board approved the $226.5 million Early Warning, Early Finance and Early Action Project (P173387) . This project is co-led by SP&J, GPURL, and FCI. The project benefits from a $25 million grant from the Global Risk Financing Facility (GRiF), a MDTF co-managed by FCI, which invests in piloting new and scaling up existing pre-arranged crisis and disaster risk financing instruments, including market-based instruments, and the systems that enable better... Keep reading
Feb 11
2021
The World Bank’s Board of Executive Directors recently approved a $500 million loan to strengthen Indonesia's financial and fiscal resilience. The loan will help the country build and strengthen its financial response to natural disasters, climate risks, and health-related shocks. The project is supported by a $14 million grant from the Global Risk Financing Facility (GRiF) to assist in building technical capacity, environmental and social management systems, bring new technology to the... Keep reading