This document discusses disaster risk financing and the Sendai Framework for Disaster Risk Reduction. It notes that disaster risk is increasing as seen by rising average annual losses relative to GDP in many countries from 1998-2017. The Sendai Framework aims to increase the number of countries and local governments that adopt disaster risk reduction strategies. These strategies can inform investment priorities and support projects to increase resilience. While progress is being made, more efforts are needed to accelerate financing for disaster risk reduction given the growing challenges from factors like climate change and urbanization. International frameworks like the Sendai Framework and SDGs provide guidance but implementation of coordinated strategies across systems is still developing.

1. Disaster Risk Financing and The Sendai
Framework for DRR
DRR Financing Workshop
Istanbul 4 October 2018
Ms. Rosalind Cook
United Nations Office for Disaster Risk Reduction (UNISDR)

2. Increasing disaster risk

3. • Top 10 Countries with
highest average annual
losses relative to GDP
1998-2017
• Source: UNIDSR & CRED
Forthcoming Publication:
Economic Losses, Poverty
and Disasters, 1998-2017
Economic losses tell us
part of the story

4. Colliding Megatrends &
Disaster Risk

5. Risk informed measures that build resilience and that are
integrated and inclusive of whole-of-society
Comprehensive DRR strategy
Risk informed DRR
Measures
Economic
Structural
Legal
Social
Health
Cultural
Educational
Environmental
Technological
Political
Institutional

7. Global target E: Substantially increase the number
of countries with national and local disaster risk
reduction strategies by 2020.
E-1 Number of countries that adopt and implement
national disaster risk reduction strategies in line with the
Sendai Framework for Disaster Risk Reduction 2015-
2030.
E-2 Percentage of local governments that adopt and
implement local disaster risk reduction strategies in line
with national strategies
Inform investment priorities, support bankable
projects and risk transfer

8. Addressing the “system of systems”
in DRR financing
For example:
Multiple connections and
interactions:
Causal
Resources, data
Land-use
Urban planning
Each system will have
different owners and
stakeholders - resilience is
a multi-organizational
endeavor.

9. Coherence Across the International Agendas
• Overall coherence with 2030
Sustainable Development Agenda
• Concrete links between Sendai
indicators and SDGs 1,11 and 13, work
concluded
• On-going coherence between Sendai
Framework and Paris agreement on
national strategies and reporting
mechanisms;

10. UNISDR is custodian of SDGs indicators on DRR
Number of deaths, missing persons and
persons affected by disaster per 100,000
people
Direct disaster economic loss in relation to
global gross domestic product (GDP)
Direct disaster economic loss in relation to
global GDP, including disaster damage to
critical infrastructure and disruption of basic
services
Number of countries with national and local
disaster risk reduction strategies
Proportion of local governments that adopt and
implement local disaster risk reduction
strategies in line with the Sendai Framework
for Disaster Risk Reduction 2015-2030

11. Conclusions
1. Disaster risk is increasing. Investment decisions today
shape future risk
2. Investing in disaster risk reduction is an essential
component of the Sendai Framework. Disaster risk
reduction strategies can inform investment
priorities, support bankable projects and risk transfer
3. Action is underway, however, the scale of the
challenge calls for scaling up efforts. How can we
accelerate action on financing resilience to keep
pace with new disaster risk?

12. Thank you
Rosalind Cook
Regional Office for Europe and Central Asia
Rosalind.cook@un.org
European Forum for Disaster Risk Reduction
Italy, 21-23 November 2018
https://www.unisdr.org/conference/2018/efdrr
Global Platform For Disaster Risk Reduction,
Geneva, Switzerland, 13-17 May 2019
https://www.unisdr.org/conference/2019/globalplatform