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Overview

The world today faces an array of interconnected risks, including natural hazards, climate change, pandemics, and economic fluctuations, creating widespread uncertainty and concern. While disasters cannot always be predicted, their impacts can be mitigated through proactive measures such as financial preparedness, insurance, and the strengthening of critical infrastructure and systems.

The World Bank, in partnership with the Global Facility for Disaster Reduction and Recovery (GFDRR), addresses these challenges by helping countries identify and assess disaster risks and supporting governments in embedding resilience into their development plans. By integrating climate adaptation and disaster risk considerations into broader development policies, countries can design and implement strategies that protect lives, safeguard livelihoods, and promote sustainable growth. This approach underscores the importance of shifting from reactive disaster response to proactive preparedness as a core aspect of development.

The foundation for this work is utilizing global expertise and local insights to develop tailored solutions. The World Bank’s Knowledge Compact plays a crucial role in these efforts, emphasizing the creation and sharing of knowledge to equip countries with best practices and innovative tools for building resilience. These efforts prioritize building financial resilience, advancing early warning systems, and strengthening critical infrastructure—such as transport and health systems—to reduce vulnerabilities. The World Bank’s initiatives ensure countries are better prepared for future shocks, preserving development progress and fostering long-term resilience.

Disaster risk management has become a core priority for the World Bank under the International Development Association’s (IDA) 21st replenishment (IDA21). Recognizing the pivotal role of disaster preparedness in reducing vulnerabilities, IDA21 enhances support for low-income countries through targeted investments and capacity building. These efforts aim to protect lives, stabilize economies, and create a foundation for sustainable development.

Last Updated: Feb 08,2025

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