Building resilience to natural disasters using financial instruments - Announcement of Opportunity
Call opens: 10 August 2017
Call closes: 16:00 on 26 September 2017
Announcement of Opportunity updated: Please note the Announcement of Opportunity document for this call was updated on 9 August 2017. Further information concerning these updates is available within the document itself.
NERC, the Department for International Development, and the Economic & Social Research Council invite proposals to address the topic building resilience to natural disasters using financial instruments. Funding is available to apply environmental and social science research to inform the design, development, refinement and validation of financing instruments to help developing countries respond and recover from extreme weather and natural disasters.
The overarching goal of these projects is to have impact on the developing world. To achieve this, projects must work with practitioner project partners who have a role in the design, development and application of innovative financing mechanisms for developing countries (for example, non-governmental organisations, policymakers, disaster risk management actors, insurance companies).
NERC funding for this call will form part of the UK's official development assistance (ODA) commitment, and proposals should demonstrate their primary purpose is to promote the economic development and welfare of countries on the Organisation for Economic Co-operation & Development's Development Assistance Committee list of ODA recipients.
The programme will support both:
- feasibility studies of up to £100,000 (at 100% full economic cost (FEC)) and up to six months in duration
- longer projects of up to £350,000 (at 100% FEC) and up to 24 months in duration.
These figures represent the maximum project costs, not the amount which may be claimed from NERC. UK research organisations may claim costs at 80% FEC. Please see Annex 3 of the Announcement of Opportunity document for details of which proposal costs may be claimed as exceptions at 100% FEC.
Successful projects are expected to start no later than 1 January 2018.
Networking and brokerage event
In order to bring together academics and potential project partners, a one-day networking event was held at the Radisson Blu Portman Hotel in London on 28 July 2017. For further information please see the networking event page.
Please note that attendance at this networking event is not a pre-requisite for the submission of proposals to this call.
For further information on this call and details of how to submit a proposal please see the following guidance documents in the first instance.
Announcement of Opportunity (PDF, 540KB) - updated 9 August 2017 (see section 10)
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Programme Manager - Innovation