Linking disaster risk financing with social protection: an overview of concepts and considerations
This document examines the intersections between DRF, as a system of budgetary and financial mechanisms arranged in advance to credibly pay for a specific risk, and social protection. It emphasises the benefits of coordinating the two to finance shock-responsive social protection measures. By providing insights into key DRF instruments, their usage by various actors, operational considerations, and reflections on coordination with social protection systems, this document contributes to the ongoing debate on strengthening the linkages between DRF and social protection.
This brief contributes to the debate on the benefits of strengthening the linkages between DRF and social protection systems. In addition to this introduction, the document also provides information on the key DRF instruments in place, and which actors commonly use them, with examples that illustrate the potential of stronger coordination with DRF for financing shockresponsive social protection (section 2); operational considerations when matching DRF instruments with social protection systems, (section 3); and key reflections on what should be considered when moving forward towards a greater alignment between the two (section 4).