World Bank Disaster Reduction and Recovery (GFDRR) The Global Facility for Disaster Reduction and Recovery (GFDRR) is a global partnership that helps developing countries better understand and reduce their vulnerabilities to natural hazards and adapt to climate change. Working with over 400 local, national, regional, and international partners, GFDRR provides grant financing, technical assistance, training and knowledge sharing activities to mainstream disaster and climate risk management in policies and strategies. The GFDRR is managed by the World Bank.  Australia's contribution to the GFDRR will support partner countries in the Indo-Pacific region to meet their commitments to the Sendai Framework for Disaster Risk Reduction. The total value of this investment is $12.3 million over 3 years, starting 2016-17.