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Bank’s DRM Lending is Rising

Promoting Risk Mitigation Total: $40 Billion 1980-2003

within an Share of World Bank Portfolio in Natural Disaster


Emergency Recovery Framework Lending

Percent of Bank Lending


16
14
The World Bank Perspective 12
10
8
6
Christoph Pusch 4
South Asia Regional Coordinator 2
0
Disaster Risk Management
1984 to 1988 1988 to 1993 1994 to 1998 1999 to 2003

New Delhi, November 8, 2007

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Emergency is Window of Opportunity for Risk Disaster Risk Management


Reduction (Turkey case) Framework
Emergency Preparedness Institutional Capacity Building
600 - Emergency Response Planning - Decentralized Emergency
Recov ery and - Exercises Management System
500 Reconstruction - Public Awareness - Community Participation
- Communication and Information - Legislative Framework
400 Disaster Mitigation Management Systems - Training, Education and
$ millions

- Technical Emergency Knowledge Sharing


and Preparedness Response Capacity
Risk Assessment - International Cooperation
300
200
Risk Mitigation Investments Catastrophe Risk Financing
100
-Warning and Monitoring Systems - Ex-Ante Funding Arrangements
- Hazard Mapping and Land Use planning - Catastrophe Insurance Pools
0 - Code Refinement and Enforcement - Reserve Funds
Erzincan TEFER MEER 1999 ISMEP 2005 - Hazard Specific Risk Mitigation - Contingent Capital Facility
- Climate Change Adaptation
1992 1998
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World Bank: A Client-centric Strategic
Key issues for Emergency Funding Framework for Disaster Risk Mitigation

n Speedy, flexible and innovative financing of disaster


n Establish effective coordination mechanism recovery and mitigation
n New Operations Policy (Board approval in March 07)
n Incorporate risk mitigation measures in emergency n Longer term approach to vulnerability reduction

response n Technical assistance for client countries to identify risks,


and to develop and implement mitigation strategies,
n Up-grade capacity along the Five Pillars of the Risk n Upstream attention through CASs and PRSPs
n Focus on Current and Emerging Risks
Management Framework n Serve borrowers’ needs to benefit from Bank’s expertise
n Build incentives for mitigation investment in disaster needs assessment and reconstruction
planning
n Focus on proper reconstruction planning to reduce n Quick Reaction Team for Natural Hazards
vulnerability (build back better) n Callable registry of experienced staff for recovery and reconstruction
n Forging stronger partnerships in both ex ante and ex
n Develop financial and institutional capacity to deal post operations
with future disaster ex-ante n Closer cooperation with donors, UN, IFRC and other partners

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Global Facility for Disaster Reduction and Recovery


(GFDRR)
GFDRR 3-Track Financing

n Support ISDR to develop a coherent and


n One of the enabling financing instruments to implement strategic risk
mitigation framework coordinated approach to risk reduction
n Developed in implemented in close cooperation and partnership with
( TRACK I)
ISDR, UN, Donors & Client Countries, and other partners

n Bridges knowledge gap n Assist vulnerable countries to mainstream


n Fosters coordination and partnerships at all levels
disaster risks in development strategies
(TRACK II)
n Stimulates demand for risk mitigation, vulnerability reduction and
adaptation to climate change
n Speedy and predictable financing for disaster
n Provides funds for analytical work and facilitates knowledge sharing
in natural disaster hotspots of the world recovery in low income countries (TRACK III)
7 11/19/2007 GFDRR 8

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TRACK I TRACK II - Country Programs
Global and Regional Cooperation in Risk Reduction

n Mainstreaming disaster risk mitigation and climate change


n To enhance global and regional advocacy, adaptation in development strategies
partnerships, and knowledge management for
mainstreaming hazard risk management in low and n Learning, research, and knowledge management for current
middle-income countries at risk. and future risks

n Developing frameworks to catalyze investment in hazard


n To promote the standardization and harmonization of prevention, mitigation and preparedness, and climate change
hazard risk management tools, methodologies and adaptation
practices.
n Promote development and establishment of Catastrophic Risk
Financing schemes

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TRACK III
Accelerated Disaster Recovery in Low Income Countries

n Standby Recovery Financing Facility for


low income countries who:
n have initiated disaster prevention investments,
n have limited fiscal space, and
n may require additional resources for accelerated
recovery without having to reallocate pre-committed
development resources.
Thank you!
n Financing structure and operating
procedures being developed

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