Intra ACP Disaster Risk Reduction Programme (DRRP)

Investing in Resilience under the DRRP is approached from a preventive and proactive approach, shifting from the traditional reactive post-disaster expenditure. The DRRP supports countries to draft Disaster Finance Strategies to secure the financial resources needed before, during and after disaster, that ensures a faster response, more predictable support and a more resilient recovery pathway. The DRRP also provides analysis and assessments to governments and local authorities to inform and identify investment plans to build resilience and reduce risks.  

A key component of the DRRP is the support in the development of new hazard models for parametric insurance, an innovative mechanism that triggers rapid payouts based on measurable hazard parameters rather than traditional loss assessments.  

 Furthermore, the DRRP has several projects focusing on urban and peri-urban, where disaster risk financing is used to strengthen the resilience of rapidly growing cities. These cities have expanding populations and infrastructure density amplifying the financial consequences of disasters. 

 For more detailed information on what the DRRP does on Investing in Resilience see the Technical Brief (coming soon).

 What it looks like in practice: 

• Case Study: Mombasa Strengthens Resilient Urban Planning by the World Bank/GFDRR