> For the complete documentation index, see [llms.txt](https://docs.therisk.global/organization/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.therisk.global/organization/use-by/development-banks.md). # Development banks and IFIs How multilateral and bilateral development banks and development finance institutions can use the Nexus programme: country and shared-system evidence, controlled stress tests and finance-readiness dos **Where this fits.** Audience: multilateral development banks, bilateral development institutions and development finance institutions. Sectors: infrastructure, water and energy first, with all six in scope. Pillars: Foundry (National Portfolio), Reports (country profiles, the finance and insurance chapter), Universe (stress tests). Institutions: GRA (finance readiness), GCRI (evidence). Offerings: O01, O06, O07. Kind: audience guide. ## In brief Development banks are asked to lend more for resilience and to lend it well: to put infrastructure where it will keep working, to pre-arrange financial protection before disasters strike, and to stretch their balance sheets without raising their risk. They need evidence they can put into their own diligence. The programme offers national baselines and portfolios of risk and capability, controlled stress tests of essential services, shared-system evidence across borders and basins, and finance-readiness dossiers prepared through [The Global Risks Alliance](/organization/institutions/gra.md) (GRA). The bank reviews all of it under its own policies and decides alone. A readiness record is not loan approval, a grant award or procurement qualification. ## What development banks are trying to do | Task | Framework | What it asks for | | ------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Invest in infrastructure that keeps working | World Bank, *Lifelines* ([Hallegatte, Rentschler and Rozenberg, 2019](https://openknowledge.worldbank.org/handle/10986/31805)) | Infrastructure disruption costs households and firms in low- and middle-income countries at least $390 billion a year; the net benefit of more resilient infrastructure in those countries is $4.2 trillion over the life of new assets, about $4 for each $1 invested | | Pre-arrange financial protection | World Bank and GFDRR disaster risk financing ([World Bank and GFDRR, n.d.](https://www.financialprotectionforum.org/)) | Protection layered by frequency and severity: reserves, contingent credit, risk pools, insurance and catastrophe bonds, adaptive social protection | | Build risk reduction into financing | UNDRR, *Global Assessment Report 2025: Resilience Pays* ([UNDRR, 2025](https://www.undrr.org/gar/gar2025)) | Risk reduction inside financing decisions, to break the cycle of shocks, losses and debt | | Stretch balance sheets prudently | G20 independent review of MDB capital adequacy frameworks ([G20 Expert Panel, 2022](https://mdbreformaccelerator.cgdev.org/an-independent-review-of-multilateral-development-banks-capital-adequacy-frameworks/)) | Better information on the risks banks actually carry | | Mobilise private finance responsibly | OECD DAC Blended Finance Principles ([OECD, 2018](https://www.oecd.org/en/publications/2018/12/oecd-dac-blended-finance-principles_898d3549.html)); the World Bank Group guarantee platform ([World Bank Group, 2024](https://www.worldbank.org/en/news/press-release/2024/07/01/world-bank-group-guarantee-platform-goes-live)) | A development rationale, local context and transparency of results | | Value adaptation | Global Commission on Adaptation, *Adapt Now* ([2019](https://gca.org/reports/adapt-now-a-global-call-for-leadership-on-climate-resilience/)) | Benefit-cost ratios of adaptation investment from 2:1 to 10:1 | ## What the programme offers | Need | What the programme provides | Where in the programme | | -------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------- | | A country picture before a programme | National baseline: country profile, national systems model, risk and capability portfolios, evidence-gap register, priority mission candidates | O01; [National Portfolio](https://therisk.global/consortium/national/portfolio/) | | How a shock travels through services | Sector dependency atlas, risk scenarios, service-continuity options and residual uncertainties | O02; [The Model](/organization/model.md) | | Shared basins, grids and corridors | Shared-system profiles and cross-border scenarios, with separate recipient decisions | O06 | | Evidence a credit or project team can review | Exposure and protection-gap notes, scenario evidence, a readiness dossier, a diligence-question register and a receiving-institution map, prepared through GRA | O07; [Finance and insurance readiness](https://globalriskalliance.com/finance-readiness/) | | Results that are published with their limits | Country profiles each quarter; the annual flagship with a National Portfolio chapter and a finance and insurance chapter; corrections as new versions | [Nexus Reports](/organization/programme/reports.md) | The National Portfolio has four views: risk, capability, projects and research, and readiness and handoffs. On the GCRI site's terms, "readiness is fitness for a stated next step… not approval, bankability or certification" ([National Portfolio](https://therisk.global/consortium/national/portfolio/)). The [Foundry pillar](/organization/programme/foundry.md)'s boundary applies to every entry: a National Portfolio entry is not an investment decision. The first outcome of a scoping enquiry is "a results framework, scope, delivery plan and diligence evidence". ## Routes that apply The Nexus Consortium model sets a route for each kind of participant: the action that opens it, the first outcome, the offerings that apply, and a boundary, quoted here as published ([How Nexus Consortium works](https://therisk.global/consortium/)). | Participant | Action | First outcome | Offerings | Boundary | | -------------------------------------------------------- | ---------------------------------------------------- | ------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | | MDBs, DFIs and bilateral development institutions | Scope an analytical or capability-building programme | A results framework, scope, delivery plan and diligence evidence. | O01 National Risk, Innovation and Portfolio Baseline; O06 Cross-Border and Shared-System Missions; O07 Finance, Insurance and Development Readiness | "A readiness record is not loan approval, a grant award or procurement qualification." | | Pensions, asset managers and public capital institutions | Discuss long-horizon resilience evidence | A research scope, scenario evidence and unresolved diligence needs. | O07 Finance, Insurance and Development Readiness; O01 National Risk, Innovation and Portfolio Baseline; O06 Cross-Border and Shared-System Missions | "Participation is not an offer of securities or investment advice." | ## Entry route * [Consortium finance interface](https://globalriskalliance.com/engagement/consortium/) and [National portfolio interface](https://globalriskalliance.com/engagement/national-portfolios/) on the GRA site * [Lawful handoffs](https://globalriskalliance.com/finance-readiness/handoff/): a readiness dossier is released one-to-one, on the programme owner's written direction, to a receiving institution that owner chooses * [National Nexus](https://therisk.global/consortium/national/) on the GCRI site ## What the programme does not do A readiness record is not loan approval, a grant award or procurement qualification. The programme does not lend, underwrite, rate, invest, advise on or arrange transactions, introduce counterparties, take transaction-based pay, or hold or move money. It never forms, owns or arranges a project vehicle or a fund. Any such structure is formed by competent, lawful actors outside the programme, under their own law and licences. Published benchmarks are cited as international evidence, never as a forecast for a project or a place. ## Status today The programme is in formation, at service level R0: information and enquiries. No National Portfolio is recorded as constituted, and no edition of Nexus Reports has been released ([Programme status](https://therisk.global/consortium/programme-status/); [Nexus Reports programme](https://therisk.global/publications/nexus-reports/)). ## Sources * G20 Expert Panel (2022). *Boosting MDBs' Investing Capacity: An Independent Review of Multilateral Development Banks' Capital Adequacy Frameworks*. Report to the G20. * Global Commission on Adaptation (2019). *Adapt Now: A Global Call for Leadership on Climate Resilience*. Rotterdam and Washington, DC. * Hallegatte, S., Rentschler, J. and Rozenberg, J. (2019). *Lifelines: The Resilient Infrastructure Opportunity*. Washington, DC: World Bank. * OECD (2018). *OECD DAC Blended Finance Principles for Unlocking Commercial Finance for the Sustainable Development Goals*. Paris: OECD. * UNDRR (2025). *Global Assessment Report on Disaster Risk Reduction 2025: Resilience Pays*. Geneva: UNDRR. * World Bank and GFDRR (n.d.). *Disaster Risk Financing and Insurance Program; Financial Protection Forum*. * World Bank Group (2024). *World Bank Group Guarantee Platform Goes Live*. Press release, 1 July 2024. * GCRI (2026). *How Nexus Consortium works*: the Nexus Consortium model, stakeholder routes and programme offerings. [therisk.global/consortium/](https://therisk.global/consortium/), read 2026-10-21. * The [Sources library](/organization/reference/sources.md) holds the full entries. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.therisk.global/organization/use-by/development-banks.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. 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