From Sendai to Doha – Reducing Risk for a Resilient, Productive and Sustainable Future in All LDCs
Room 105, National Convention Centre
Side Event at the Fifth United Nations Conference on the Least Developed Countries (LDC5)
Time
12:15 – 13:45 (GMT+3)
Objective
This side event seeks to showcase some of the offers of support from the United Nations system and its partners to address the particular challenges and bottlenecks faced by Least Developed Countries (LDCs) in their implementation of the Sendai Framework for Disaster Risk Reduction with a view to accelerating implementation of the Doha Programme of Action.
Overview
Effective disaster risk reduction and a risk-informed approach to development can turbocharge resilience in the least developed countries (LDCs). With an annual financing gap of $4.2 trillion1 globally for the Sustainable Development Goals, LDCs cannot afford to miss the opportunity to prioritise resilience in their pursuit of sustainable development. With respect to climate risks, every dollar spent on resilience can save six in the long run. Investments in resilient infrastructure also earn dividends in expanding fiscal space in the long term. Implementing effective risk-informed approaches to development can enable LDCs to ensure their development progress is resilient to current, emerging, and future hazards, avoiding cycles of shrinking fiscal space in periods of disaster or crisis that hinder sustainable development efforts.
This event will showcase the opportunity presented by disaster risk reduction, and the offer of support to LDCs in this regard. Ultimately, the best practices, lessons-learnt and opportunities presented in this event can contribute towards the irreversible graduation of LDCs as they build resilience against present and future disasters.