A new regional initiative spearheaded by SEADRIF and the Department of Finance Philippines (DOF) will support Southeast Asian nations better safeguard vital public assets and essential services from disasters.
SEADRIF welcomes DOF’s new series feature on the SEADRIF Sovereign Asset and Fiscal Empowerment (SEADRIF-SAFE) Facility, which will integrate disaster insurance directly into development projects supported by bilateral and multilateral partners in the future. This will ensure that hospitals, schools, roads, and public buildings are financially protected and support governments to rebuild faster after disasters.
Finance Secretary Ralph G. Recto noted: “Disasters are not just national problems—they are regional challenges that demand global solutions. Through SEADRIF-SAFE, which the Philippines champions, we are taking a proactive and united step to protect what truly matters: our people and the public assets they rely on."
SEADRIF-SAFE embodies SEADRIF’s enduring mission to collaborate with countries and partners to strengthen regional resilience—helping communities build back stronger, together.
Read more from the DOF Heart Series here.