Disaster risk finance

Innovative financial instruments can make funds available to respond to and recover from hazards much more quickly

The Natural Environment Research Council (NERC), the Department for International Development (DfID) and the Economic & Social Research Council invite proposals to address the topic of building resilience to natural-hazard-related disasters using financial instruments. Funding is available to apply environmental and social science research to the design, development, refinement and validation of financing instruments to help developing countries respond to and recover from extreme weather and natural-hazard-related disasters.

The overarching goal of these projects is to have an effect on the developing world. To achieve this, projects must work with practitioner project partners who have a role in the design, development and application of innovative financing mechanisms for developing countries (for example, non-governmental organisations (NGOs), policymakers, disaster risk-management actors, and insurance companies).

NERC funding for this call will form part of the UK's official development assistance (ODA) commitment, and proposals should demonstrate that their primary purpose is to promote the economic development and welfare of countries on the Organisation for Economic Co-operation and Development's Development Assistance Committee list of ODA recipients.

The call for this funding opportunity is now closed and in review.