GLOBAL FACILITY FOR DISASTER RISK REDUCTION (GFDRR)

About: 

• What is it? It is a grant-funding mechanism, managed by the World Bank, that supports disaster risk management projects worldwide. 
  
  
• Objective: GFDRR is a global partnership that helps developing countries better understand and reduce their vulnerability to natural hazards and climate change. 
  
  
• Established in: 2006.  
  
  
• Present status: It is presently working on the ground with over 400 local, national, regional, and international partners and provides knowledge, funding, and technical assistance. 
  
  
• Secretariat: Washington, DC.