Along with a critical gap in funding reaching directly to the local actors, disaster funding has been traditionally skewed towards emergency response and recovery, with minimal emphasis on preparedness and mitigation.
Despite this critical funding gap, there is a growing recognition of the essential role local entities play in disaster risk management. The ADRF addresses this disparity by providing crucial funding to local actors who often struggle to access sufficient resources within the current international donor and aid ecosystems. By mobilizing, managing, and allocating flexible funding, the ADRF aims to facilitate the localization process, promoting “safer and well-prepared communities through locally-led disaster risk management in Asia.”