In May 2009, the Government of Nepal launched the comprehensive Nepal Disaster Risk Reduction Consortium (NRRC). The NRRC is a globally unique institutional arrangement, which brings together financial institutions, development partners, the Red Cross / Red Crescent Movement, and the UN in partnership with the Government of Nepal. Development and humanitarian partners have united to support the Government in developing a long term Disaster Risk Reduction Action Plan, building on the National Strategy for Disaster Risk Management (NSDRM). The NRRC aims to work to mitigate current risk and to reduce new risk.The founding members of the NRRC were the Asian Development Bank (ADB), the International Federation of the Red Cross and Red Crescent Societies (IFRC), United Nations Development Programme (UNDP), UN Office for the Coordination of Humanitarian Affairs (OCHA), UN International Strategy for Disaster Reduction (ISDR) and the World Bank. To date more than thirty organizations and Government of Nepal entities are contributing to the consortium’s work. The US Government, the Humanitarian Aid Department of the European Commission (ECHO), AusAid, and the Department for International Development (UKAid) also formally joined the consortium in 2010/2011. The NRRC initiated discussions with the Government of Nepal and civil society organizations to identify the most important short to medium term disaster risk reduction priorities. The resulting programme takes into account priorities outlined in the ‘Hyogo Framework of Action and the outcomes of the Global Platform for Disaster Risk Reduction (2009), which sets specific targets for reducing loss from disasters.