Climate and Disaster Risk Financing Instruments
This document provides a brief overview of the instruments that are available and may be considered as part of the Climate Disaster Risk Financing (CDRF) strategy. While finance is necessary to effectively manage disaster risks, it is not sufficient. DRM plans must also integrate (and resource) risk assessment, institutional capacity building, risk reduction and mitigation, and emergency preparedness.
This CDRF overview will be used as a tool to strengthen the capacity of government officials and other stakeholders on available financial instruments, their strengths and weaknesses, and their appropriateness for different levels of risk.