Global Risk Financing Facility

This report is intended to support the government of Sierra Leone in the development of a risk management action plan and for disaster risk financing investments.

despite regular donor inflows for disaster response, Sierra Leone remains without a robust system for tracking the use of donor funds. Sierra Leone’s shift toward proactive financial planning will take time.

This note highlights lessons learned from World Bank Disaster Risk Financing and Insurance Program engagements in 22 African countries. It offers a hands-on guide to planning and implementing risk financing projects, creating effective, lasting solutions.

The World Bank and donors met to discuss a future global disaster risk finance agenda in 2017. As disasters and climate shocks increasingly threaten lives, assets, and livelihoods the question became: What more can be done to boost financial preparedness?

This report compiles achievements and results to date, from the World Bank Crisis & Disaster Risk Finance Analytics program, on the integration of earth observation, big data, machine learning and artificial intelligence for disaster risk finance.

Due to COVID-19 and the effects of other crises, the Financial Inclusion Support Project has assisted the government in crowding in private capital to support SMEs.

This research note explores the evidence underlying these assumptions. It seeks to better understand four topics:

1. How to boost uptake of DRF instruments;
2. Whether incorporating technical assistance in the design of prearranged financing instruments