Enhancing Disaster Risk Financing Solutions in the Pacific

Proposed

The TA on Enhancing Disaster Risks Financing Solutions in the Pacific Region aims to enhance the financial resilience of Pacific Developing Member Countries (PDMCs) by developing and introducing innovative disaster risk financing (DRF) solutions and mechanisms to mitigate social and economic impacts, support recovery, and promote sustainable development. It will build on long-standing efforts and institutional advancements in DRF in the Pacific assimilating those resulting from ADB's own involvement and lessons learnt from other initiatives such as the Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI).