Review of the 2004 Disaster and Emergency Assistance Policy
This policy review included reviews of performance against disaster and emergency assistance policy principles as well as the emergency assistance loan modality, and provides new directions for the policy.
Proposed revisions to the existing policy indicate that the policy on ADB’s overall approach should seek to enhance long-term resilience to disasters and reduce the likelihood of emergencies across ADB’s DMCs, while providing enough flexibility to address new and evolving challenges and embrace new and improved approaches, innovations, and technologies over the coming years. It is proposed that the policy should rest on a series of core principles, collectively establishing a solid and systematic framework guiding ADB’s disaster and emergency assistance and leaving no country behind.
- Executive summary
- Evolution of ADB’s approach to disaster and emergency assistance
- Evolution of other international financial institutions’ approach to disaster and emergency assistance
- Review of performance against the disaster and emergency assistance policy principles
- Review of the emergency assistance loan modality
- New directions