Financing disaster risk reduction in Asia and the Pacific: A guide for policy makers

This publication is intended to guide policy makers and administrators in developing member countries and stakeholders interested in financing disaster risk reduction. It seeks to support countries in addressing the financial underinvestment in disaster risk reduction by (i) setting the scene and confirming the business case for advancing disaster risk reduction finance; (ii) outlining the context of disaster risk reduction and its finance; (iii) conceptualizing approaches, types, and instrument prioritization criteria for disaster risk reduction finance; (iv) explaining instruments and mechanisms that can accelerate the speed and increase the scale of disaster risk reduction finance by the public and private sectors, as well as international development organizations; and (v) outlining key steps for governments to further advance disaster risk reduction finance.

The publication provides case studies that illustrate how some countries have been moving ahead in prioritizing disaster risk reduction and resilience-building in their development and related investments. More can and must be done. Therefore, this publication provides guidance—including top tips across the five chapters—for developing member countries and interested stakeholders to scale-up disaster risk reduction finance in light of current and future climate and disaster risks.