Managing disaster risk in policy and investment

This note provides information relevant to the agreement of target (v) of the draft Post-2015 Framework for Disaster Risk Reduction, which reads: [Substantially] increase the number of countries with national and local strategies by 2020; and its variant v (alt).

Disaster risk management (DRM) refers to a comprehensive set of measures to: assess and reduce existing risk, and minimise risk creation (collectively termed disaster risk reduction (DRR)); and manage any ‘residual’ risks that cannot be reduced, through risk transfer mechanisms like insurance, or emergency preparedness and response plans.

A clear strategy is needed to reduce existing risks and avoid future risks through sectoral programmes, economic growth strategies, development and spatial plans and other relevant private and public investment decisions. Some important steps have been taken in this regard. By 2013:

87% of countries reported that DRR was considered in some public investment and planning decisions.

A total of 121 countries had established legal and policy frameworks for reducing disaster risk.

65% of countries reported the existence of specific legislation for local governments with a mandate for DRR.

However, only 43% of countries had made regular budget allocations to local governments for DRR by 2013.