🌍 The time for bold financial action is now! As disasters increase in frequency and intensity, the cost of inaction is soaring. But we know the solution: invest in prevention and resilience. Here's how we can do it:
1️⃣ Integrate Disaster Risk Reduction (DRR) into national and local budgets using tools like budget stress testing.
2️⃣ Mobilize the private sector to innovate and strengthen resilience across supply chains.
3️⃣ Increase international financing with tools like climate bonds to unlock funds for resilience and blend public-private funding.
4️⃣ Close data gaps with standardized disaster data to prioritize DRR investments.
5️⃣ Focus on prevention — every dollar invested in resilience today saves $4 in future losses.
Let's act together to build a more resilient future! 🌱 Invest in resilience, invest now.
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About UNDRR:
The United Nations Office for Disaster Risk Reduction (UNDRR) has a big ambition: to help decision-makers across the globe better understand and act on risk. At UNDRR, we believe there is no such thing as a natural disaster. A natural hazard, such as a hurricane, earthquake, tsunami, or flood, only becomes a disaster when it impacts a community that is not adequately protected and whose population is vulnerable as a result of poverty, exclusion, or social disadvantage. We envision a world where disasters no longer threaten the well-being of people and the future of the planet. Sustainable development and the 2030 Agenda cannot be achieved without working towards the goal of building resilience.
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