Under normal circumstances, it's best to leave it attached and undisturbed entirely. This is especially true before delivery of the placenta - the umbilical cord will continue to provide oxygen to the baby, which may be lifesaving in an out-of-hospital situation if the baby is having a slow start. Cutting the cord is cutting their oxygen supply. They'll do it in an emergency in the hospital if they need to resuscitate the baby, but they have appropriate equipment for that at the hospital! Leaving the cord undisturbed also decreases the change of infection being introduced.Woodland Woman said:A large sterilized rubberband to tie off the cord to stop the blood flow from the placenta.
I read it is better to do this and wait to let the medical personal cut the cord.
Someone suggested a bottle of water to wash the baby. DON'T. Hypothermia is one of the biggest dangers to newborns. Wait until you can use nice warm water in a controlled environment - the birth junk isn't going to hurt anyone.
Dry baby off with a clean towel, and put it skin-to-skin with the mother (this helps with temperature regulation, as well as keeping them both happy), then wrap them both in a good warm blanket or two.
So basically, towels and blankets are most important. If you're stuck without either, use whatever is available to keep them warm.