Managing disaster risk in policy and investment decisions at national and subnational levels

This note provides information relevant to the agreement of target (v) of the draft Post-2015 Framework for Disaster Risk Reduction, which reads: '[Substantially] increase the number of countries with national and local strategies by 2020; and its variant'. Disaster risk management (DRM) refers to a comprehensive set of measures to: assess and reduce existing risk, and minimise risk creation (collectively termed disaster risk reduction (DRR)); and manage any 'residual' risks that cannot be reduced, through risk transfer mechanisms like insurance, or emergency preparedness and response plans.