WBG Global Risk Financing Facility (GRiF)

Published by commonwealth on April 2, 2020April 2, 2020

WBG Global Risk Financing Facility (GRiF)

GRiF is a multi-donor trust fund (MDTF) managed and implemented by the World Bank, with initial contributions from the governments of Germany and the UK. GRiF provides grants imbedded as part of World Bank projects to pilot and scale up financial solutions that help countries be financial prepared to respond to climate shocks, disasters, and crises. World Bank projects with GRiF funds are already underway in a number of Commonwealth countries: Malawi, Mozambique, Sierra Leone, and Jamaica.

Provided by

World Bank Group

Coverage

Exogenous Shocks

Instrument type

Grant

Eligibility

As a global initiative, GRiF focuses on the most vulnerable countries. However, GRiF also supports to all countries for innovation that helps to test and demonstrate new approaches to disaster risk management.

During the first year of implementation GRiF focused on Asia and Africa, but GRiF donors are expanding strategic priorities for resource allocation.

Intended for disaster response

Available to

Antigua and Barbuda, Bahamas, The, Bangladesh, Barbados, Belize, Botswana, Brunei Darussalam, Cameroon, Dominica, Fiji, Ghana, Grenada, Guyana, India, Jamaica, Kenya, Kingdom of eSwatini, Kiribati, Lesotho, Malawi, Malaysia, Mauritius, Mozambique, Namibia, Nauru, Nigeria, Pakistan, Papua New Guinea, Rwanda, Saint Lucia, Samoa, Seychelles, Sierra Leone, Singapore, Solomon Islands, South Africa, Sri Lanka, St Kitts and Nevis, St Vincent and The Grenadines, The Gambia, Tonga, Trinidad and Tobago, Tuvalu, Uganda, United Republic of Tanzania, Vanuatu, and Zambia

Contact

For further information, please contact:

Sumati Rajput at srajput1@worldbank.org, Benedikt Signer at bsigner@worldbank.org