In fiscal year 2021, the World Bank approved six new disaster risk management (DRM) projects for the South Asia region, adding $690 billion to the portfolio of 3 countries (India, Pakistan and Nepal). In that same fiscal year, GFDRR provided a total of $5 million in financing for DRM efforts in the region across four priority areas: 1) risk-informed decision making, 2) reducing risk and mainstreaming DRM, 3) financial preparedness to manage disaster and climate shocks, and 4) disaster preparedness and resilient recovery.