The first GRiF grant was awarded in March 2019 to co-finance the Mozambique Disaster Risk and Resilience Program.
GRiF provided $6m to complement a $90m grant provided by the World Bank’s International Development Association (IDA). An additional $2m has been made available for implementation support to provide the government with specialized technical assistance.
The grant will strengthen the capacity of the Government of Mozambique to access and manage post-disaster financing by developing a sovereign risk transfer instrument, complementing the government’s recently established Disaster Management Fund.
More information here.
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