When do you need the finance?

The Commonwealth Disaster Risk Finance Portal

The Commonwealth Disaster Risk Finance Portal is a searchable database of disaster finance instruments and facilities that are available to help member countries manage the financial impact of natural disasters.

What is Disaster Risk Finance (DRF)?

Disaster risk finance (DRF) is the process of developing and implementing a credible financing strategy and systems to provide financial protection and increase countries’ resilience against natural disasters. DRF entails having plans, systems and finance in place before a disaster to ensure that adequate finance can flow rapidly and effectively in an emergency, reducing impacts and speeding recovery. The approach involves quantifying risks in advance of disasters, pre-positioning funds, and releasing them according to pre-agreed plans. In case financing is not pre-arranged, governments re-allocate funds and/or get financial support from development partners.

To see our promo video about the portal on Vimeo please click here.

Instruments

Disaster Risk Financing
Disaster risk finance instruments are various forms of financing mechanisms available before and/or after natural disasters with a view to provide financial support to affected countries.

Providers

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Providers of disaster risk instruments include Regional Development Banks, Regional Risk Pools, Bilateral Cooperations, Multilateral Financial Institutions, and Bretton Woods Institutions.

Countries

The Commonwealth membership is diverse across Africa, Asia, the Americas, Europe and the Pacific regions. The membership comprises the world’s largest, smallest, richest and poorest countries. Thirty-two of our members are classified as small states – countries with a population size of 1.5 million people or less and larger member states that share similar characteristics with them.

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