HLD3: What will it take to scale DRR financing at the national and local levels?

The Midterm Review of the Sendai Framework revealed persistent DRR financing gaps, especially in low-income countries. In addition, it found that even where traditional financing mechanisms are operational, financing is overly focused on hazard event response, and is often poorly targeted. This high-level dialogue will discuss the course correction needed to scale financing solutions at national and local levels. Key topics will include the role of context-specific financing, successfully engaging communities and the diverse stakeholders within them to design effective financing solutions, and how innovative mechanisms such as sovereign risk pools, catastrophe bonds and municipal resilience bonds can complement traditional financing mechanisms for improved outcomes on the ground.

UNDRR Focal Points

• Mr. Abhilash Panda
• Ms. Sarah Houghton
• Mr. Alper Aras

Organizing Team experts

• Ms. Andrea Davis, The Resiliency Initiative
• Ms. Ruoss Marisa, Swiss State Secretariat for Economic Affairs (SECO)
• Ms. Maria Güell i Pons, Swiss State Secretariat for Economic Affairs (SECO)
• Mr. Ken Smith, Shovel Ready Capital (formerly Climate Resilience Offsets)
• Mr. Mike Brown, Climate Bonds Initiative
• Ms. Rachna Ramsurn, Ministry of Finance, Economic Planning and Development, Mauritius
• Ms. Pumeza Tyali, National Disaster Management Centre (NDMC), South Africa
• Mr. Manuela Chiapparino, Global Facility for Disaster Reduction and Recovery (GFDRR), World Bank
• Ms. Anwesha Tewary, Huairou Commission
• Ms. Suranjana Gupta, Huairou Commission
• Mr. Wafula Nabutola, MyRita Consultants
• Mr. Prashanth Singh, The World Bank
• Mr. Abubakar A. Suleiman, Federal Ministry of Humanitarian Affairs and Poverty Alleviation, Nigeria
• Ms. Isabel Joy Ochieng, The National Treasury and Economic Planning, Kenya
• Ms. Katia Vila Mamani, CENEPRED, Perú
• Mr. Mohamedhen Babana, Association Jeunesse Action Développement