To meet the disaster risk management needs of the developing member countries (DMCs), ADB has adopted an integrated disaster risk management framework that bring together the elements of disaster risk reduction, climate change adaptation, and disaster risk financing within an overarching context of resilience.

Disaster risk reduction focuses on investments to enhance hazard management, including risk assessment and measures to reduce exposure and vulnerability. Climate change adaptation aspects of ADB's integrated disaster risk management framework focus on the intersection between disaster risk management and climate change adaptation, planning for changes in the intensity and frequency of natural hazards and taking actions to reduce risk both today and many years into the future. Disaster risk financing focuses on the development and application of financing comprehensive strategies to manage and transfer residual risk, including through the use of insurance and capital market instruments.

Examples of ongoing disaster risk reduction activities include school seismic safety in Nepal; and investments in water-related disaster risk management in Indonesia, the Lower Mekong Basin, and the Philippines. ADB is also encouraging DMCs to apply disaster risk financing solutions. It has engaged with the Governments of the Philippines, Indonesia, and Viet Nam to develop disaster risk financing products for two cities in each country. In the Philippines, it is also supporting the private sector's development of a financially sustainable pilot earthquake catastrophe pool covering middle class and mid-sized enterprise property owners.

ADB has established an Integrated Disaster Risk Management Fund as a resource to assist the development of innovative regional solutions for IDRM in Southeast Asia DMCs.