Source: UNISDR Disaster Risk Reduction
*This event is by invitation only due to capacity constraints.
About
The High-Level Forum on Accelerated Disaster Risk Reduction (DRR) Financing to Build Resilience, co-organized with the Government of Norway, aims to address a persistent barrier to the implementation of the Sendai Framework for Disaster Risk Reduction, the insufficient investment in DRR.
The Forum seeks to bring disaster risks at the heart of financial decisions at a time when development finance is being reshaped in international fora. The Forum intends to raise awareness and commitment among policymakers and financial leaders on the need to prioritize DRR financing.
The Forum includes several thematic sessions around DRR financing such as: mainstreaming risk reduction in national budgets, developing national financing frameworks for DRR, de-risking development investments, attracting private capital, reorienting ODA and applying climate finance for risk reduction.
By bringing together high-level government officials with senior international experts from development banks, private investors, and international organizations, the Forum is expected to bring forward actionable recommendations on integrating DRR into national and international financing strategies, establish new partnerships and alliances to support DRR initiatives, and identify potential sources and methods for mobilizing additional resources for DRR through development finance channels.
Objectives
This High-Level Policy Forum represents a step towards mobilizing the necessary financing and political will. It aims to:
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Agree on a way forward to accelerate funding for DRR.
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Showcase successful models and best practices in financing DRR.
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Facilitate dialogue on innovative financing mechanisms and strategies to enhance resilience.
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Influence global, national, and local DRR financing strategies, ensuring a coordinated and robust response to the escalating risks.