Fostering stability through financial preparedness: Disaster risk finance in fragile, conflict, and violence-affected environments

The report examines the dynamics and challenges involved in implementing disaster risk finance (DRF) in Fragility, Conflict, and Violence (FCV) settings. The goal is to create strategies that take into consideration the distinct features and difficulties of FCV countries, ultimately strengthening resilience  of climate and disaster-related events on economies, organizations, communities, and individuals in these at-risk environments.

Key takeaways:

• It is crucial to recognize the shared vulnerabilities between FCV countries and other nations, particularly their susceptibility to shocks and the critical role of prearranged finance in mitigating these risks.d vulnerabilities between FCV countries and other nations, particularly their susceptibility to shocks and the critical role of prearranged finance in mitigating these risks.
• Diagnostics remain as crucial in FCV countries as in other countries
• The goal is to create robust, adaptable, and sustainable systems that address immediate needs and contribute to long-term resilience and stability.
• A focal point in FCV settings is establishing partnerships with non-governmental actors to augment or substitute government systems where necessary, with the objective of building the foundations of government systems gradually for the long term