Kabupaten Bogor, Nov. 20 -- The National Disaster Mitigation Agency (BNPB) emphasized the importance of the Disaster Pooling Fund (PFB) as a new financing mechanism for high-risk areas, including Bogor District and other vulnerable regions in West Java.
BNPB's Director of Disaster Mitigation, Zaenal Arifin, said the PFB was developed as a complementary instrument to the ready-to-use funds and rehabilitation and reconstruction grants that have been the main sources of disaster management financing.
He noted that the scheme enables regions to access pre-disaster, emergency, and post-disaster funding more quickly and in a more measurable way.
"Pooling funds are a state innovation to ensure the availability of disaster management resources...
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