Abstract
Nepal is a vulnerable country in terms of multiple disasters and one of them is earthquakes. Disaster risk management experts believe that one of the ways to reduce the vulnerabilities is by adopting a community-based disaster risk management approach. Unfortunately, Nepal has limited resources; the culture of insurance against disasters does not currently exist. This paper describes the findings of research conducted in traditional settlements of Kathmandu Valley multiple case studies, household surveys, and community-based participatory research have identified that the culture of participation in local development activities and fundraising at the local level could contribute to disaster risk management in traditional settlements of Kathmandu Valley. This paper thus suggests developing resilience governance at the community level through consumer cooperatives in order to reduce vulnerability to earthquakes and capitalize on already existing financial, human, and social capital and resources.
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