With so many policy debates converging on 2015, this moment represents a unique opportunity to ensure that disaster risk reduction (DRR) becomes a truly fundamental component of development and poverty reduction. The international financing of DRR, representing the international community’s support to national governments in their efforts to protect development gains from disasters, is coming under increasing scrutiny.

This report examines the record of the international community to date, investigating the priorities in financing of DRR, and asking questions of both the equity and adequacy of past efforts. Beyond this it points to the future of a more rational, targeted investment in risk reduction.