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Evidence Brief 5: Non-insurance DRF

Non-insurance disaster risk finance (DRF) refers to financial solutions, other than insurance, that help individuals, households, firms, communities, and governments manage risks from extreme weather and natural hazards. Research highlights the importance of savings and credit for disaster risk management, although challenges such as vulnerability to repeated shocks remain. Additionally, forecast-based finance is a newer mechanism that triggers funding based on weather forecasts to support humanitarian responses. The brief reviews evidence on these strategies, particularly how they contribute to risk mitigation, improve livelihoods, and provide resilience in disaster-affected regions.

Sönke Kreft

Sönke Kreft

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