Disaster risk management and long-term adaptation approach at the Inter-American Development Bank (IDB)
This synthesis report presents IDB's approach to reduce present and future vulnerability to climate change, which includes the five main elements of an effective disaster management system, namely: (i) risk identification, (ii) emergency preparedness, (iii) governance, (iv) risk reduction (mitigation and prevention) and (v) financial protection. It describes the wide range of ex ante and ex post financial instruments including disaster prevention technical co-operations (non reimbursable funds), investment loans, policy based loans, contingent credit facility and insurance facility, that IDB uses to support its member countries to meet the needs of the affected population while reducing their vulnerability to future disasters.