Data and Financing for Disaster Displacement as Loss and Damage

Disaster displacement is a form, an outcome and a driver of loss and damage and expected to grow with climate change. When communities are forced to move in the context of disasters, it not only highlights the severity of the immediate impacts but also initiates a cascade of long-term socioeconomic and environmental consequences. Displacement disrupts livelihoods, fractures social networks, and increases vulnerability to future hazards, thereby compounding loss and damage. Better data and innovative financing solutions to avert, minimize and address displacement as loss and damage are crucial to ensure no one is left behind and resilience of at-risk populations strengthened.

Participants will share experiences and recommendations on how data and financing mechanisms can be established and how anticipatory action can be leveraged to avert, minimize and address disaster displacement and loss and damage.

Session objectives

This session focuses on exploring innovative approaches to building resilience and to avert, minimize, and address loss and damage in the context of climate change and disasters. 
It emphasizes the need to engage diverse stakeholders in developing strategies that protect communities from the growing risks associated with disasters, also highlighting the importance of promoting and involving actors in funding mechanisms that bridge development and humanitarian efforts, fostering stronger collaboration across sectors.

It showcases how anticipatory action can be effectively localized by engaging local actors, ensuring that communities are empowered to take proactive steps in mitigating displacement risks. It aims to break down silos, encourage knowledge sharing, and raise awareness about human mobility among DRR actors and stakeholders.

Outcomes

This session fosters an exchange of experiences regarding options for better data and financing of displacement as loss and damage in support of governments’ and stakeholders’ efforts in accelerating the implementation of the Sendai Framework by 2030.

The session will highlight the critical role of anticipatory action in addressing loss and damage. Participants will discuss how policies and funding mechanisms can better leverage anticipatory action to avert, minimize and address loss and damage including disaster displacement.