The Global Facility for Disaster Reduction and Recovery (GFDRR), the World Bank, the UK Department for International Development (DFID), and the Centre for Global Disaster Protection have launched a new Challenge Fund to pilot and support the development of innovative risk financing mechanisms, and align global innovation with on-the-ground user needs.
This Challenge Fund will fund projects that help bring these communities together and strengthen financial resilience in developing countries.
Thematic Areas and Focus Area
Thematic Area 1: Disaster Risk Financing for Early-Action
Thematic Area 2: Machine Learning and Big Data for Disaster Risk Financing
Focus area: Disaster Risk Financing Mechanisms to Manage Food Insecurity
The Challenge Fund is open to proposals around two thematic challenges and a special focus area. Three key principles should inform all grant proposals:
Individual projects may focus on one or multiple thematic areas. A clearly identified need or problem and a practical application of the proposed innovation will be key for a successful proposal.
Send in a short application (5 pages max) defining the problem statement and your proposed solution using the submission portal. Please go the bottom of the page and see the heading "Submit a Proposal". You will find a lot more information on the same page.
For more information, please contact:
Nicolas Pondard (firstname.lastname@example.org), or