Asia Pacific Disaster Response Fund: Review of Performance

Abstract

This report reviews performance of the Asia Pacific Disaster Response Fund (APDRF) under its first tranche of funding. The provisions set forth in the Board paper establishing the fund require a review before replenishment may be sought. Any request for replenishment must be based on such a review, including an assessment of the fund’s effectiveness and the appropriateness of its implementation arrangements. The review covers the period from April 2009, when the fund was first approved, to December 2014. During this period, 20 grants were approved by the President. The review covers fund performance, including fund resources; fund allocations; timeliness; use of funds; liquidation; and auditing. It also assesses the implementation arrangements and grant effectiveness, including the appropriateness of arrangements, the satisfaction of eligibility criteria, the performance of eligibility criteria in targeting resources, the value-added contribution of the grants, and project impact. It concludes with a summary of fund performance and a discussion of opportunities for improvement.