The Japan-World Bank Program for Mainstreaming Disaster Risk Management in Developing Countries (the Program) was established in February 2014 as a partnership between the Ministry of Finance of Japan (MoF) and the World Bank.
Building on the 2012 Sendai Report’s recommendations1 , the MoF financed the Program with a US$100 million contribution through a World Bank administered Single-Donor Trust Fund (TF072129), to be disbursed in annual installments over five years.
The objective of the Program is to support developing countries in mainstreaming Disaster Risk Management (DRM) in national development planning and investment programs, including World Bank country strategies and operations. The Program also strives to connect Japanese and global expertise in DRM with developing countries.
The Program is managed by the Global Facility for Disaster Reduction and Recovery (GFDRR) under the oversight of a Steering Committee comprising representatives from the MoF and the World Bank.
Day-to-day operations of the Program are conducted by the DRM Hub, Tokyo under the guidance of the World Bank’s Special Representative, Japan.
The Steering Committee met on February 7, 2014 at the MoF in Tokyo to launch the Program and approve the work program for the period April 1, 2014 to March 31, 2015. Following the approval,
GFDRR issued a Call of Funds to the MoF for the disbursement of an initial installment of US$20 million, received on March 31, 2014. The World Bank Tokyo office undertook program launch events (see Annex 3) and initiated operations, and the DRM Hub, Tokyo team was in place in July 2014.
This annual report covers the period April 1, 2014 to March 31, 2015, and highlights progress and results achieved.