Investing in disaster risk reduction has become essential for developing sustainability in a rapidly changing climate, especially for Small Island Developing States (SIDS) and Least Developed Countries (LDCs). Research shows that global investments of €1.6 trillion in appropriate disaster risk reduction strategies could avoid losses of €6.4 trillion. Despite its importance, disaster risk continues to be mispriced and underestimated in the public and private sector.  
This session will focus on understanding successful approaches and tipping points that can lead to integrating disaster and climate risk reduction measures into public and private investment decisions. It will also identify key obstacles and barriers to these integrations and how they can be overcome while stimulating a sense of urgency among stakeholders to support efforts to embed disaster risk reduction measures in financial decisions.