• Latest
Private investment

Private investment is vital for disaster risk reduction

July 27, 2023
cancer

New study on cancer treatment by radiation

October 3, 2023
nitin-gadkari

India to be World No. 1 auto hub in 3-4 years

October 3, 2023
coal-mining

Coal production over 67 MT in September

October 3, 2023
Turmeric

National Turmeric Board in Telangana: Golden boost for farmers

October 3, 2023
Jammu and Kashmir

PM lauds J&K for ODF Plus status

October 3, 2023
tax

Over 30 lakh audit reports filed; seamless experience for Taxpayers

October 3, 2023
g20

The circle gets bigger

October 3, 2023
2023 G20 New Delhi summit

India, Bangladesh enhance free trade ties

October 2, 2023
PM pays tributes to Gandhi, Shastri

PM pays tributes to Gandhi, Shastri

October 2, 2023
neep

NEP2020 to solve legacy problems

October 3, 2023
A Life of Philanthropy and Advocacy in the House of Lords

A Life of Philanthropy and Advocacy in the House of Lords

October 2, 2023
india

India that is Bharat

October 2, 2023
  • Login
  • Register
Blitzindiamedia
Contact
e-paper
  • Economy
  • India
  • International
  • News
  • Legal
  • The blitz special
  • Opinion
  • Social
  • G20 podium
  • Education
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
  • Economy
  • India
  • International
  • News
  • Legal
  • The blitz special
  • Opinion
  • Social
  • G20 podium
  • Education
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

Private investment is vital for disaster risk reduction

by Blitz India Media
July 27, 2023
in G20 podium
0
Private investment
Team Blitz India

CHENNAI: During the third meeting of the G20 Disaster Risk Reduction Working Group held here on July 24, PK Mishra, Principal Secretary to the Prime Minister, lauded India’s remarkable transformation in disaster risk reduction financing.

Mishra emphasised that India had successfully established a predictable mechanism for financing disaster responses, as well as disaster mitigation, preparedness, and recovery efforts.

YOU MAY ALSO LIKE

Home, Away From Home, For Indians

Ambassador sudhir instrumental in shaping dynamic ties with the UAE

Among those present on the occasion were Mami Mizutori, Special Representative of the UN Secretary General; Amitabh Kant, India’s G20 Sherpa; members of G20 as well as guest countries; officials from international organisations; Kamal Kishore, Chair of the Working Group; and officials from National Disaster Management Authority, National Disaster Management Institute, and Ministry of Home Affairs.

Fragmented approaches based on narrow institutional perspectives must be replaced with problem-solving strategies, taking inspiration from initiatives like the UN Secretary General’s ‘Early Warning For All’
Private investment

The Principal Secretary highlighted the urgent need for an enabling environment that attracts private investment into disaster risk reduction at the Government level.

Drawing attention to the current global challenges, Mishra underscored the severity of climate change-induced disasters, as evidenced by massive heat waves in cities across the northern hemisphere, forest fires in Canada, and cyclonic activity in India.

He expressed concern about the interconnected and far-reaching impacts of these disasters, affecting people worldwide. Mishra stressed the critical role of the G20 Disaster Risk Reduction Working Group in addressing these pressing issues.

Collective efforts

Commending the progress made by the Working Group in a short span of four months, Mishra called for increased ambition, urging a transformation of local, national, and global systems to effectively manage existing disaster risks and prevent the creation of new ones.

He emphasised the need for cohesive efforts at national and global levels to maximise collective impact, particularly in the financing of disaster risk reduction. Fragmented approaches based on narrow institutional perspectives, he said, must be replaced with problemsolving strategies taking inspiration from initiatives like the UN Secretary General’s ‘Early Warning For All.’

Mishra also highlighted the positive outcomes from the Coalition for Disaster Resilient Infrastructure, a collaborative effort involving several G20 nations, the UN, and others.

The coalition has proved beneficial in guiding countries, including small island developing countries, on risk assessments and metrics to upgrade their infrastructure standards and make risk-informed investments in infrastructure development.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Blitzindiamedia News Subscription

Popular News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
World's first weekly chronicle of development news

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Navigate Site

  • About us
  • Contact
  • Videos
  • Team
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • Economy
  • News
  • Nation builder
  • Rising India
  • G20 podium
  • Multilateral
  • Education
  • Globetrotting
  • New India
  • Social
  • Team
  • Download
  • Videos
  • UK Edition
  • Hindi

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In