The Disaster Mitigation and Adaptation Fund (DMAF) was launched in 2018 with a committment of $2 billion over 10 years. In 2021, an additional $1.375 billion was added to the fund to be dispersed over a 12 year period, bringing the total funds to $3.375 billion over 19 years. DMAF aims to increase the resilience of communities impacted by climate disasters by investing in structural and natural infrastructure projects.
The fund helps communities adapt to a changing climate, by funding the creation and/or modification of public infrastructure prevent and protect against climate disasters such as flooding, wildfire and droughts. Projects must have a minimum of $1 million in total eligible costs to be considered.