Reports / Studies

Global Risk Financing Facility (GRiF) – Annual Report July 1, 2019 – June 30, 2020

This report highlights the progress of the Global Risk Financing Facility (GRiF) achieved in fiscal year 2020 (FY20). It focuses on how GRiF works and what it funds, drawing on country examples to illustrate how the facility’s principles lead to action—and ultimately impact. It shows how GRiF is expanding the application of risk financing solutions to new sectors, contexts, and hazards, including to compound risks that will occur in the wake of the global COVID-19 pandemic. It also showcases how grants from the program are developing innovative analytics and other public goods that underlie the design of financial solutions. Finally, it offers a summary of GRiF’s participation in the global risk financing ecosystem through learning and sharing of new knowledge with partners and the public. Information on GRiF’s alignment with World Bank processes, detailed financial information, project summaries, results of FY20 progress as measured against the facility’s indicators.

Topic / Theme:

Climate & Disaster Risk Management, Forecast-Based Financing, Gender, Monitoring & Evaluation / Impact, Private Sector, Risk Data & Information, Risk Finance, Technology & Innovation

Solutions / Instruments:

Contingency Budget, Contingent Credit, Corporate / Institutional Risk Transfer, Creation of DRF Strategy, Microinsurance Businesses, Microinsurance Households, Shock Responsive Social Protection, Sovereign Risk Transfer, Sub-Sovereign Risk Transfer










Global Risk Financing Facility