RESULTS-BASED FINANCING IN DISASTER RISK MANAGEMENT AND CLIMATE RESILIENCE

    NOTE: The GPOBA draft working paper explores the opportunities and challenges associated with results-based financing (RBF) approaches in the sectors of disaster risk management (DRM) and climate resilience. Given the sharp rise of disaster losses in recent decades and the increasing threat of climate change, the demand for DRM and climate resilience is significant. The paper analyzes the use of two RBF instruments, the Program-for-Results (PforR) and Output-Based Aid, and their potential for application in operations focused on DRM and strengthening climate resilience.