This law creates a national framework for disaster prevention and resilience as well as protocols for responding to disasters. It incorporates a climate change perspective by including measures that aim to adapt to changing climate conditions.
 
The law creates the National Advisory for the Reduction of Risks and Attention to Disasters, which will include the national as well as provincial and municipal governments. The board allows for regional governments to declare a state of emergency without a federal decree. It further decentralizes responsibility to local governments to implement resiliency plans in preparation for climate and natural disasters before they occur.
 
 The law creates an initial fund of 0.15% of the national budget, amounting to BOB80m (USD11.6m) to fund humanitarian aid during aftermath of natural disasters.