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Global Risk Financing Facility Annual Report: 2022

GRiF 2022 Annual Report
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GRiF’s 2022 Annual Report, which documents activities from July 2021 until June 2022, reveals contributions of more than $316 million from donors since 2018. GRiF awarded grant funding of $213 million to more than 40 World Bank projects, including 13 Innovation Investments that enhance the quality and availability of climate and disaster finance risk data.
Regions & Countries

GRiF’s 2022 Annual Report, which documents activities from July 2021 until June 2022, reveals contributions of more than $316 million from donors since 2018. GRiF awarded grant funding of $213 million to more than 40 World Bank projects, including 13 Innovation Investments that enhance the quality and availability of climate and disaster finance risk data. Since its inception, GRiF’s grants have supported or co-financed a World Bank project portfolio valued at more than $8 billion. The GRiF portfolio continues to address strategic engagement areas across all World Bank operations regions. The Africa East and Southern region (AFE) has received approximately 50% of GRiF’s grants, with the Africa West and Central (AFW) region receiving 21% and the East Asia and Pacific (EAP) region receiving 13%. Innovation Investments have received 6 percent of the total financing to date. The allocation of grants continued to follow these overall trends in the fiscal year 2022.