The Disaster Ready Fund: Round Two, 2024-25

On this page

  • About the Disaster Ready Fund

  • Successful grant recipients

  • More information

Applications for the Disaster Ready Fund Round Two are now closed. Please see the announcement below for more information.

About the Disaster Ready Fund

The Disaster Ready Fund is the Australian Government’s flagship disaster resilience and risk reduction initiative which funds projects to support Australians to manage the physical, social and economic impacts of disasters caused by climate change and other natural hazards.

The Australian Government announced that up to $1 billion will be committed through the Disaster Ready Fund over 5 years, from 1 July 2023 to 30 June 2028.

The primary objectives of the fund are to: 

  • increase the understanding of natural hazard disaster impacts, as a first step towards reducing future disaster impacts
  • increase the resilience, adaptive capacity and/or preparedness of governments, community service organisations and affected communities to minimise the potential impact of natural hazards and avert disasters
  • reduce the exposure to risk, harm and/or severity of a natural hazard’s impacts, including reducing the recovery burden for governments and vulnerable and/or affected communities.

Applications are made through state and territory leads, with EMV coordinating a single over-arching Victorian application. 

Information about applications for the Disaster Ready Fund Round Three (2025-26) will be available soon. 

Successful grant recipients

The Australian Government has awarded Victoria over $37 million in Commonwealth funding from Round Two of the Disaster Ready Fund (DRF) to ensure Victoria is better protected and prepared for future disasters. This is in addition to Round One, where more than $26 million was awarded to Victoria.  

The National Emergency Management Agency (NEMA) will work with each jurisdiction to implement funding agreements. The funds will be provided as soon as possible from August 2024. Projects must be completed within 3 years.

You can view the full list of recipients on the NEMA website (External link).

More information

If you have any queries regarding the Disaster Ready Fund, contact our coordinating team at drf@emv.vic.gov.au (External link).

You can view a range of supporting material on the NEMA website (External link).

You can also read our responses to frequently asked questions.