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JANUARY 2021
Dear GRiF Family, 
 
Happy New Year 2021! Thank you for your time, commitment and support to further financial resilience globally. We rely on your support and participation to help us convene expertise and awareness on this important topic, which is especially relevant during the current COVID-19 crisis. We hope to continue adding value to your operational work and professional network through our newly launched website, regular newsletters, and knowledge events.
Just launched! New GRiF Website
Visit us at www.globalriskfinancing.org. The new website will provide more detailed information about GRiF projects, background documents, the team, and how GRiF works to support vulnerable countries in strengthening their resilience to disasters, climate risks, and other shocks. 
RESULTS, IMPACTS, AND LESSONS LEARNED
GRiF provides grants to co-finance projects across many different geographic, economic, and political contexts. To ensure the effective use of resources, capture results, assess impact, and draw learning from lessons that emerge from engagements on the ground, we have developed a Monitoring, Evaluation, and Learning (MEL) framework.
MEL Plan
This document offers a synthesis of the different components of the MEL framework to demonstrate the interlinkages across these: 1) A Theory of Change; 2) A Monitoring Framework; 3) An Evaluation Framework; and 4) A Learning Plan. Fully fleshed out documents have also been developed for relevant elements. More information.
MEL Literature Review
This review was undertaken to design the GRiF Theory of change. This note was intended to better understand four topics: (i) how to boost uptake of DRF instruments, (ii) whether incorporating technical assistance in the design of prearranged financing instruments improves timeliness and effectiveness of disaster response, (iii) whether there are promising examples of combining DRF instruments, and (iv) whether implementing prearranged financing instruments will encourage the private sector to participate more fully. More information
Theory of Change
The GRiF Theory of Change (TOC) was developed as part of the MEL Framework. The TOC outlines GRiF inputs/activities, outputs, intermediate outcomes, and targeted longer-term impacts. Longer-term changes and impacts are achieved through a continuous cycle of demonstration and learning that happens as pre-arranged financing instruments funded by GRiF investments activate due to disasters, enabling GRiF staff and stakeholders to learn how risk planning and preparedness linked to risk finance solutions lead to improvements in DRF policy, data, and delivery systems. More information
Learning Plan
The GRiF Learning Plan outlines activities which will help project teams and partners learn from the experience of GRiF funded work. To achieve the GRiF learning objectives, the Learning Plan lays out a series of activities and outputs. These include: (i) GRiF Learning workshops; (ii) GRiF Speaker Series; (iii) GRiF Newsletters; (iv) GRiF Learning Briefs; (v) and GRiF Evidence-base and Learning Library. More information
FIRST EVALUATION
First Evaluation: How has GRiF influenced the risk financing agenda within the World Bank
This is the first study under GRiF’s rolling evaluation plan, which looked at how GRiF has influenced the risk financing agenda within the World Bank. In particular, this asked if GRiF had success in: i) embedding financial planning into new sectors, and ii) applying risk financing concepts to new contexts and risks. The evaluation was conducted by an external research team commissioned by the GRiF Secretariat. More information
RELATED NEWS
GRiF provides grants and technical expertise to help developing countries safeguard development progress and recover more quickly from the financial impacts of climate shocks, disasters, and crises. Watch the video above to learn more. 
GlobalRiskFinancing.org GlobalRiskFinancing.org
Related: Financial Protection Forum | Fundamentals of DRF E-learning | GFDRR 
Copyright © 2021 Global Risk Financing Facility, All rights reserved.

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