Disaster Ready Fund (2024-2025)

The Australian Government is committed to reducing the physical, social, and economic impacts of disasters and ensuring that communities are in the best possible position to recover when disasters occur. To achieve this, the Australian Government is investing up to $200 million per financial year through the DRF over five years, from 1 July 2023 to 30 June 2028 (up to $1 billion total). The DRF will deliver projects that build Australia’s resilience, improve preparedness, and reduce disaster risk.

 

Key Dates

Monday 22 January 2024

DRF Applications open

Wednesday 20 March 2024

DRF Applications close. Proposals due to SAFECOM by 5pm (ACDT)

March – April 2024

SAFECOM review process

May – June 2024

NEMA application assessment

From July 2024

Announcements made

2024 – 2025

Funding available

Note: The above timeline is provided as a guide only and may be subject to change.

 

Eligible project activity types:

Stream One: Systemic risk reduction projects that build the long-term resilience of a community or communities in an area that is at risk of being affected (whether directly or indirectly) by a future natural hazard.

Stream 1 projects must fall into one or more of the following categories:

– Supporting a better understanding of risk, through a better evidence base to understand and raise awareness of risk – to improve understanding of natural hazards and their potential impacts over time (i.e., disaster risk assessments and frameworks);

– Projects that deliver risk reduction plans at the community, regional and state levels to mitigate identified risks and impacts;

– Strengthening representational and inclusive decision making by developing or improving governance networks and communities of practice, including the development and/or alignment of resilience and risk reduction strategies;

– Adaptation projects that improve land use planning and development practice projects, including but not limited to updating land use planning instruments and building codes;

– Projects, including social projects, that build the capacity and capability of businesses, community sector organisations and/or at-risk communities to improve their preparedness and resilience to the impacts of future natural hazards; and/or

– Projects that enable and incentivise private investment in disaster risk reduction.

Stream Two: Infrastructure projects which are directed at achieving any or all the following:

– Resilience to a future natural hazard that could affect an area (whether directly or indirectly).

– Preparedness for a future natural hazard that could affect an area (whether directly or indirectly); and

– Reduction of the risk of a future natural hazard that could affect an area (whether directly or indirectly).

‘Area’ may include but is not limited to built/urban, agricultural, and natural environments or ecosystems.

Stream Two projects must fall into one or more of the following categories:

– Investment in grey infrastructure.

– Investment in green-blue infrastructure (including nature-based solutions).

– Investment in social infrastructure.

– Investment in natural hazard monitoring infrastructure; and/or

– Development of business cases and/or feasibility studies for future infrastructure (including   investigation, modelling, concept, and detailed design activities).

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