Reducing Disaster Risk from Natural Hazards - An Evaluation of World Bank's Support FY10-20 - Corrigendum

Jul 19, 2026

Upload by Hazel

Corrigendum summarizing the Committee on Development Effectiveness meeting held on July 27, 2022 to review IEG’s evaluation, “Reducing Disaster Risk from Natural Hazards: An Evaluation of World Bank's Support FY10-20,” together with the Draft Management Response. The committee welcomed the evaluation, recognized collaborative engagement, and highlighted growth of the disaster risk reduction portfolio in both financing and integration into client programs, while emphasizing World Bank analytical and convening roles. It encouraged improved DRR outcome indicators, stronger collaboration across World Bank Group institutions, and better coverage-gap approaches using demand- and supply-driven support, including innovative risk assessment and remote sensing in MENA, ECA, and sectors such as Agriculture and Energy.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Committee meeting overview

Key appreciation and overall findings

Portfolio growth and coordination priorities

Coverage gaps and indicator improvement

Public Disclosure Authorized Public Disclosure Authorized Reducing Disaster Risk from Natural Hazards An Evaluation of World Bank's Support FY10-20 Report to the Board from the Committee on Development Effectiveness ∗ Meeting of July 27, 2022 Corrigendum The Committee on Development Effectiveness met to consider the IEG’s report Reducing Disaster Risk from Natural Hazards: An Evaluation of World Bank's Support FY10-20 (CODE2022-0029) and the Draft Management Response (CODE2022-0031) . The Committee welcomed the evaluation and commended IEG and the World Bank (WB) Management for their collaborative engagement. Members appreciated the participation of the Global Practice of Urban, Resilience Global Director and the FCV director in the discussion, next to OPCS. They were pleased to learn that Management was in broad agreement with the evaluation’s overall findings and recommendations. They applauded the disaster risk reduction (DRR) portfolio growth both in terms of financing volumes as well as in mainstreaming within client portfolios, and underscored the importance of the WB’s analytical and convening role to drive DRR and climate resilience progress towards sustainable development. To this end, they also called for greater collaboration between the World Bank, IFC, and MIGA as well as continued coordination with other development partners. Members urged Management to improve DRR outcome indicators in operations and to work with task teams to incorporate them more consistently. Members welcomed Management’s ongoing efforts to address coverage gap issues in MENA and ECA regions, and in the Agriculture and Energy sectors some of which include work on risk assessments through the use of innovative approaches and remote sensing technology. While some raised concerns about the decline in the number of projects supporting disaster response without a DRR element (30% in FY10 to 0% in FY20), they were reassured by IEG’s explanation that the Bank included a focus on disaster risk reduction in all instances when it provided disaster response support, in line with corporate goals of moving DRR elements upstream. To address coverage gaps, Management was encouraged to apply not only a demand-driven approach to DRR operations, but also a supply-driven approach in order to better incorporate DRR activities in regions and sectors with coverage gaps. ∗ This report is not an approved record.

FAQs

What was the purpose of the July 27, 2022 CODE meeting mentioned in the corrigendum?

To consider IEG’s evaluation on reducing disaster risk from natural hazards (FY10-20) and the draft management response.

What did the committee emphasize regarding progress in disaster risk reduction?

Growth of the DRR portfolio, both in financing volumes and in mainstreaming within client portfolios, supported by the World Bank’s analytical and convening role.

How did the committee suggest addressing DRR coverage gaps and outcome measurement?

Improve DRR outcome indicators and work with task teams to incorporate them more consistently, while using both demand-driven and supply-driven approaches; it also highlighted innovative risk assessments and remote sensing in relevant regions and sectors.

Jul 19, 2026

Upload by Hazel