A global collaboration called the Global Facility for Disaster Reduction and Recovery (GFDRR) aids developing nations in better understanding and lowering their susceptibility to natural disasters and climate change.

• Global Fund for Disaster Reduction and Recovery is a World Bank-sponsored program that supports developing countries to

• • Develop strategies and investments for managing disaster risk and coping with climate change, and
  • Ensure resilient recovery and reconstruction following disasters are more effective and timelier.

• To support Hyogo Framework for Action 2005-2015 (HFA) implementation, GFDRR was established on September 29, 2006. GFDRR now supports the implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030, which was adopted on March 18, 2015. GFDRR’s Consultative Group (CG) serves in both an advisory and decision-making capacity. Comprising Members and Observers, the CG identifies the GFDRR’s long-term strategic objectives and oversees the results. As part of the Consultative Group, there is a Chair and Cochair, each of whom represents a different organization, i.e., a representative of the
• World Bank Group and a Member of the CG respectively.
• Indian membership in the organization began in 2013 following the payment of the membership fee of $500,000. The membership fee was paid in three installments between 2013 and 2015.

India was unanimously elected to serve as co-chair of the GFDRR Consultative Group (CG) for two years. The GFDRR CG made this decision at the 6th session of the Global Platform for Disaster Risk Reduction (GPDRR) on May 14th, 2019, in Geneva, Switzerland.