Input paper on financing Disaster Risk Reduction, preparedness, relief, early recovery and reconstruction

This chapeau paper provides a high-level overview of financing mechanisms, their purposes, and opportunities to increase financing for disaster risk management. It is complemented by more in-depth papers prepared for the G20 Working Group on Disaster Risk Reduction on different aspects of financing mechanisms discussed in this paper.

Without major investments in resilience to counter these various trends, economic losses are set to continue rising. Moreover, without increasing financing to support post-disaster relief, early recovery and reconstruction efforts, disasters will cause increasing setbacks in development gains, including poverty reduction and counter efforts to address significant infrastructure gaps in many countries.