"Mounting natural and technological disasters and spiraling economic losses due to disasters in every part of the world, both developing and developed, brought home the realization that risks of disasters pose one of the greatest threats to sustainable development," writes PG Dhar Chakrabarti in his opinion piece in IBN Live.
He also adds that "As the global community is bracing for three momentous events of 2015 - Third World Conference on Disaster Reduction in Sendai in March to adopt a new global framework on risk reduction, 16th Session on UNGA to finalize the Sustainable Development Goals in New York in September, and the 21st meeting of the Conference of Parties of UNFCCC in Paris in December to agree to a new climate agreement - these provide opportunities of integrating holistic risk management in sustainable development."