MAKATI CITY, PHILIPPINES – December 29, 2025 – The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) has formalized a partnership with the Japan Economic Research Institute Inc. (JERI) to undertake a landmark study aimed at accelerating the market development of pre‑disaster Disaster Risk Reduction (DRR) and Climate Change Adaptation solutions through innovative risk financing.
Signed on December 19, 2025, by ADFIAP Secretary General Enrique Florencio and JERI Executive Officer Masayoshi Tatewaki, the agreement represents a major step toward strengthening disaster and climate resilience across the APEC region.
Shifting Toward Pre‑Disaster Investment
As natural hazards intensify in frequency and severity across the Asia‑Pacific, the initiative responds to a growing imperative: shifting from reactive, post‑disaster spending to proactive, cost‑efficient pre‑disaster investments. This approach aligns with the priorities of the Sendai Framework for Disaster Risk Reduction, which underscores that risk‑informed public and private investments deliver far greater long‑term benefits than recovery‑focused interventions.
The study also supports global momentum toward standardized approaches to resilience financing, including the forthcoming ISO 37116, expected in 2026, which will outline principles for financing ex‑ante risk‑reduction measures.
Scope of the Study
Under the partnership, ADFIAP will lead overseas market research as part of a broader APEC initiative scheduled for publication in June 2026. The study will cover developing economies in the APEC region—among them the Philippines, Indonesia, Vietnam, Thailand, China, Papua New Guinea, and Peru—as well as Pacific small island developing states.
The research will focus on four core areas:
- Identifying Best Practices: Documenting at least 20 cases of effective pre‑disaster DRR and adaptation solutions implemented by governments and private sector actors.
- Analyzing Fund‑Raising Approaches: Examining how local project owners and companies mobilize financing for these solutions.
- Assessing Future Needs: Determining projected demand for DRR‑Adaptation solutions across the region.
- Identifying Finance Gaps: Quantifying financing requirements versus actual public finance flows, using methodologies aligned with the UNEP Adaptation Gap Report.
Strategic Impact
The study’s findings will form a critical component of JERI’s forthcoming APEC report, supporting efforts to industrialize the pre‑disaster DRR‑Adaptation sector and advance international standardization. Ultimately, the initiative aims to help governments, financial institutions, and private sector stakeholders reduce human and economic losses by catalyzing risk financing for resilient infrastructure and systems.
The project will culminate in a final report in March 2026, followed by a virtual APEC seminar in mid‑2026 to disseminate results and recommendations.
About JERI
Japan Economic Research Institute Inc. (JERI) is a leading Japanese research and consulting organization specializing in industrial policy, disaster resilience, and international standardization. JERI provides strategic insights and advisory services to support sustainable economic development.