This is a special initiative, led by Margareta Wahlstrom, Special Representative of the Secretary General for Disaster Reduction
(SRSG) in response to the call by Governments and partners for increased and more efficient national investments and international
financing of measures to reduce disaster risk.
This call was made at the second session of the Global Platform for Disaster Risk Reduction, 2009 ,and reiterated following the
12 January 2010 earthquake in Haiti.
Spending on measures to reduce risk, by national and local Governments, remains insufficiently understood, both in scale and in effectiveness. Hence in an attempt to address this issue, the Overall Objectives of this initiative are as follows:
1. Engage with Governments to compile and analyses effective models for national and local investment to reduce risk to natural hazards and adapt to climate change.
- - Assess current levels of disaster risk reduction investments made through national income accounts and identify the requirements of additional investments in sectors, starting with education, health and urban development.
- - Define key trigger factors - economic social and political to initiate investment in disaster risk reduction.
- - Define policies required to ensure that disaster risk reduction is fully integrated into key sectoral development plans.
2. Analysis of the amount of funds and the financial mechanisms through which ODA is currently resourcing disaster risk reduction.
- - Provide rough estimate of ODA going to measures that reduce risk and related knowledge gaps.
- - Initiate discussion amongst donor on a set of principles to be applied to bilateral and multilateral funding of disaster risk reduction.
How to apply: This a closed working group for invited participants only.