Kathmandu. The United Nations has launched a new ‘Disaster Risk Finance Platform’ to make preparedness and rescue operations effective before the onset of climate change crises and natural disasters. The platform was formally announced on the occasion of the ongoing United Nations Climate Change Conference (COP31) in Antalya, Turkey. <\/p>\n
The initiative aims to mobilize more than US$3 billion in risk financing resources to protect nearly 75 million people and their livelihoods from potential climate catastrophes and natural disasters by 2030. <\/p>\n
The Food and Agriculture Organization of the United Nations, the International Organization for Migration, the Office for the Coordination of Humanitarian Affairs, UNICEF, the Office of the High Commissioner for Refugees and the World Food Programme are linked to this platform. <\/p>\n
Currently, less than 2 percent of global humanitarian aid funds are spent on pre-disaster pre-disaster financial resources, according to the United Nations. This platform will help to quickly and reliably mobilize budgets based on forecasts before disasters occur. <\/p>\n
To maximize the effectiveness of available resources, UN agencies will exchange data, share expertise, and develop joint solutions with the private sector and the insurance industry. <\/p>\n
Even before the platform was announced, OCHA and UNICEF, with technical support from the World Food Programme, had already secured insurance policies for their respective preparedness programs. According to UN officials, mobilizing financial resources in a timely manner, rather than distributing relief after a disaster, would go a long way in reducing human casualties and enhancing the resilience of vulnerable communities. <\/p>\n
For more details on how the initiative’s financial goals and preparedness work on climate risk reduction, the video is relevant for the UN launch of the $3 billion Disaster Risk Finance Platform at COP31.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The United Nations has launched a new ‘Disaster Risk Finance Platform’ to make preparedness and rescue operations effective before the onset of climate change crises and natural disasters. The platform was formally announced on the occasion of the ongoing United Nations Climate Change Conference (COP31) in Antalya, Turkey. The initiative aims to mobilize more […]<\/p>\n","protected":false},"author":5,"featured_media":322331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-323106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=323106"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323106\/revisions"}],"predecessor-version":[{"id":323107,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323106\/revisions\/323107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/322331"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=323106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=323106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=323106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}