DRFI across the globe

The Swedish International Development Cooperation Agency, Sida, is a government agency working on behalf of the Swedish parliament and government, with the mission to reduce poverty in the world. Through our work and in cooperation with others, we contribute to implementing Sweden’s Policy for Global Development.

Found in 1961, the Federal Ministry for Economic Cooperation and Development (German: Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung), abbreviated BMZ, is an independent ministry of the Federal Republic of Germany responsible for formulating the principles and strategies of German development policy, which form the basis of cooperation with partner countries and international organizations.

The Rockefeller Foundation’s mission—unchanged since 1913—is to promote the well-being of humanity throughout the world. Today, we pursue this mission through dual goals: advancing inclusive economies that expand opportunities for more broadly shared prosperity, and building resilience by helping people, communities and institutions prepare for, withstand, and emerge stronger from acute shocks and chronic stresses. 

The European Commission, through its Directorate-General for International Cooperation and Development (DG DEVCO), formulates the European Union’s international cooperation and development policies with the aim to reduce poverty in the world and to ensure sustainable economic, social and environmental development. DG DEVCO is an active supporter of the disaster risk financing agenda, and has a well-established partnership with GFDRR and the World Bank in this field.

The State Secretariat for Economic Affairs (SECO) is a major supporter of DRFI. The Sovereign Disaster Risk Financing and Insurance Program for Middle-Income Countries is a partnership between the World Bank and SECO that aims to reduce the financial vulnerability of these states to natural disasters. This program helps middle-income country governments improve their financial response capacity in the aftermath of a natural disaster while protecting their long-term fiscal balances.

The Government of Netherlands, through its Ministry of Foreign Affairs, is a long-standing partner of DRFI on the Agricultural Insurance Development Program (AIDP). The Netherlands Ministry of Foreign Affairs is an established leader in promoting sustainable agricultural risk management in developing countries. AIDP is part of a broader Swiss-Dutch-World Bank partnership on agricultural risk management. 

The ACP-EU Natural Disaster Risk Reduction Program (ACP-EU NDRR), an initiative of the African, Caribbean, and Pacific Group of States that is funded by the European Union and managed by GFDRR, strives to help ACP countries reduce their vulnerability to disaster and climate risk and supports disaster risk management activities. It is an ongoing supporter of DRFI activities.

The Government of Japan is an active supporter of DRFI. The Pacific Disaster Risk Financing and Insurance Program is supported by the Government of Japan for a period of four years. Presently, the Disaster Risk Financing and Insurance Program and the Government of Japan are collaborating to provide technical assistance to the Pacific Island countries (PICs) and to finance the establishment of a disaster risk insurance pilot program.

The United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) is a key supporter of DRFI's broad agenda to build disaster financial resilience in vulnerable countries. In a project managed by the DRFI program, FCDO, the World Bank, and GFDRR have partnered to improve the evidence base for sovereign DRFI and develop new and innovative ways of managing risk.

USAID’s vision is a resilient and prosperous world, defining resilience as “the ability of people, households, communities, countries and systems to mitigate, adapt to and recover from shocks and stresses in a manner that reduces chronic vulnerability and facilitates inclusive growth.” USAID, through its Centre for Resilience, has been a long-standing supporter of DRFI through an ongoing partnership with the World Bank to increase the resilience of the most vulnerable economies and populations to natural disasters and other shocks.