All IBRD-eligible borrowers — including Blend countries — upon meeting approval criteria.

Cat DDO’s provide Governments a contingent line of finance, which becomes available when the appropriate trigger is met. Traditionally, the Cat DDO, has a ‘soft’ trigger, which is negotiated between the Government and the World Bank during preparation of the instrument. The two pre-requisites for approval of the instrument are: (i) the country must have an adequate macroeconomic policy framework at preparation; and (ii) the country must have a satisfactory disaster risk management program in place with a well-defined results framework to implement policies and actions in the DRM program, which the Bank monitors periodically.