Today is International Day of #Disaster Risk Reduction. A recent report found investment uneven/poorly directed “Every US$100 spent on disaster-related development aid, only 50 cents are invested in protecting development from the impact of disasters” #DRR undrr.org/news/covid-19-…
The bulk of the spending, US119.8 billion was earmarked for emergency/ #disaster response and US$7.7 billion was spent on reconstruction, relief, and rehabilitation. This is the wrong way around. It is short-sighted and undermines climate change adaption by poorer countries.
The lack of foresight and investment has been directly seen in the impact of #COVID, as well as its response. Investment and actions taken sooner, based on the assessment and advice of experts and based on modeling and exercises (such as Cygnus in the UK) should have been enacted
Instead countries were ill-prepared and even now, investment has been concentrated in richer countries, despite the ongoing #COVID #Disaster. Pandemic = All people. This is why working with most socially vulnerable is important and essential to equitable development and outcomes
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