Global Risk Financing Facility (GRiF)

The Global Risk Financing Facility (GRiF) pilots and scales up support to strengthen the resilience of vulnerable countries to climate and disaster shocks. GRiF activities include:

  • insurance premium financing
  • contingent financing
  • risk financing investments
  • integrating risk transfer with loans to pilot new approaches to support debt sustainability
  • risk financing mechanisms that promote improvements in country systems for crisis response and recovery
  • technical assistance and capacity building

The GRiF covers climate and disaster shocks and will eventually expand to other crises pending interest from partners.

Support provider 
Governments of Germany and the UK, with support from the World Bank
Purpose of support 
Project and program implementation
Information on how to...

Projects will be selected and evaluated through a transparent process. External expertise will feed into the World Bank’s internal evaluation of funding proposal.

Climate objective 
Sectors and themes 
Disaster risk reduction, Economic Recovery
Type of support provider 
Type of recipient 
Public entity at the national level, International organization
Co-financing required 
Trustee or administrator 
World Bank
Contact information
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