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Attachment 330 April 2024Drug harm reduction in the City of Melbourne: Improving access to naloxoneDrug harm reduction in the City of Melbourne: improving access to naloxone Prepared by: Samantha

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What is funding matrix for harm?

The funding matrix for harm is a structured framework used to assess and allocate resources for mitigating various forms of harm associated with financial activities. It categorizes risks and helps prioritize funding based on the potential impact of those risks.

Who is required to file funding matrix for harm?

Entities that engage in activities with a potential for harm to consumers, the environment, or the economy, such as financial institutions, corporations, and certain non-profits, are typically required to file the funding matrix for harm.

How to fill out funding matrix for harm?

To fill out the funding matrix for harm, one must identify and categorize potential harms, assess the associated risks, determine the required funding to mitigate those risks, and provide supporting data and justifications for the funding requests.

What is the purpose of funding matrix for harm?

The purpose of the funding matrix for harm is to provide a systematic approach for identifying, assessing, and prioritizing funding needs to address harms, ensuring that resources are allocated effectively for risk mitigation.

What information must be reported on funding matrix for harm?

The funding matrix for harm must report information including identified harm categories, risk assessments, proposed funding amounts, justifications for funding, timelines for implementation, and expected outcomes.