Providers of disaster risk finance instruments include governments, international finance institutions(IFIs), non-governmental organisations and any institution mandated to provide financial support to tackle the socio-economic and fiscal impact of natural disasters.
There are many financial institutions which provide various disaster risk finance instruments to countries with some terms and conditions. They are either at the multilateral, regional and bilateral level.
Governments are also moving towards proactive financial protection which involves prior planning to better manage the cost of natural disasters and to ensure predictable and timely access to finance. A rapid access to financial resources is also made available through various mechanisms such as the catastrophic risk pools to help countries respond quickly to disasters and reduce their impact on people and their livelihoods.
For ease of access, the providers are categorised as Bilateral Cooperation, Multilateral Financial Institutions, Regional Development Banks, Regional Risk Pools and Others.