Standards Development

Scope

This document provides organizations seeking or providing finance with principles and general requirements for financing ex-ante investment in risk reduction, including disaster preparedness, in cities and communities (hereinafter the financing is referred to as “ex-ante DRR finance”).

This document also provides principles and general requirements for the ex-ante DRR finance related to projects, assets and activities.

This document contains requirements that can be used to assess conformity of projects, assets or activities, and organization’s ability, to this document.

This document is intended to be used by all types and sizes of organizations in cities and communities.

Note 1: “Community” is a group of people with an arrangement of responsibilities, activities and relationships. In many, but not all, contexts, a community has a defined geographical boundary. A city is a type of community. [ISO 37101:2016]

Note 2: The ex-ante DRR finance under this document is debt instruments. It does not include insurance or risk transfer instruments. This document can also be utilized with insurance or risk transfer instruments, equity instruments, grants, or any other financial instruments.