{"id":244339,"date":"2023-05-25T20:40:06","date_gmt":"2023-05-25T15:10:06","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=244339"},"modified":"2023-05-25T20:40:06","modified_gmt":"2023-05-25T15:10:06","slug":"indias-g20-presidency-can-show-the-way-on-disaster-management","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indias-g20-presidency-can-show-the-way-on-disaster-management\/","title":{"rendered":"India\u2019s G20 presidency can show the way on disaster management"},"content":{"rendered":"\n<p><strong>Source-<\/strong> The post is based on the article <strong>\u201cIndia\u2019s G20 presidency can show the way on disaster management<\/strong>\u201d published in <strong>\u201cThe Indian Express\u201d<\/strong> on 25th May 2023.<\/p>\n<p><strong>Syllabus: <\/strong>GS3- Disaster management<\/p>\n<p><strong>News<\/strong>&#8211; A second meeting of the Disaster Risk Reduction Working Group will be held in Mumbai between May 23-25. This is an opportune time to focus and deliver on the goals of disaster risk reduction.<\/p>\n<h2><strong>How are G20 nations vulnerable to disasters?<\/strong><\/h2>\n<p>The G20 nations have<strong> large exposure<\/strong>, and risk from <strong>asset concentration<\/strong>. They are vulnerable to natural disasters. In the current<strong> World Risk Index<\/strong>, four out of the top 10 vulnerable countries are G20 nations.<\/p>\n<p>The combined <strong>estimated annual average loss<\/strong> in the G20 countries alone is <strong>$218 billion<\/strong>. It is equivalent to <strong>9% of the average annual investment<\/strong> <strong>in infrastructure<\/strong> made by them.<\/p>\n<p><strong>What is the importance of disaster risk reduction?<\/strong>[Text Wrapping Break]Disaster risk reduction measures can play an important role in preventing such losses. Reducing risk can be achieved mainly by <strong>reducing vulnerability and exposure<\/strong> to risk through some measures. These are <strong>better economic and urban development choices and practices, protection of the environment, reduction of poverty and inequality. <\/strong><\/p>\n<p>Disasters can set back <strong>development gains<\/strong>. Hence, risk reduction is an important strategy if a country\u2019s economic ambitions are to be realised.<\/p>\n<p>Setting up <strong>early warning system<\/strong>s, undertaking <strong>periodic risk assessments<\/strong>, constructing <strong>disaster-resilient infrastructure are<\/strong> important strategies.<\/p>\n<p><strong>What were the five priorities outlined in the first meeting of the Disaster Risk Reduction working group?<\/strong><\/p>\n<p>Coverage of <strong>early warning systems <\/strong>to all.<\/p>\n<p>Focus on<strong> disaster and climate-resilient infrastructure. <\/strong><\/p>\n<p>Improving<strong> financing frameworks<\/strong> for national <strong>disaster risk reduction. <\/strong><\/p>\n<p>Improving<strong> systems and capabilities for response <\/strong>to disasters and application.<\/p>\n<p><strong>Ecosystem-based approaches<\/strong> to disaster risk.<\/p>\n<h2><strong>How is India contributing to disaster risk reduction?<\/strong><\/h2>\n<p>PM Modi&#8217;s <strong>10-point agenda<\/strong> outlined after the adoption of the <strong>Sendai Framework<\/strong>, guides the country in the implementation of the framework.<\/p>\n<p>India has transformed the way the government finances <strong>disaster risk reduction<\/strong> and made targeted efforts to reduce losses from disasters.<\/p>\n<p>The <strong>Coalition for Disaster Resilient Infrastructure<\/strong> is presently chaired by India and the United States.<\/p>\n<p>The creation of the <strong>new workstream under the G20<\/strong> is reflective of the prime minister\u2019s commitment towards <strong>disaster preparedness.<\/strong><\/p>\n<h2><strong>What is the importance of G20 for disaster risk reduction?<\/strong><\/h2>\n<p>The recently concluded high-level meeting of the General Assembly on the<strong> midterm review<\/strong> of the implementation of the <strong>Sendai Framework for Disaster Risk Reduction 2015-2030<\/strong> mentions the importance of <strong>G20\u2019s efforts <\/strong>in the implementation of the <strong>Sendai Framework.<\/strong><\/p>\n<p>The G20 provides a broader platform to drive <strong>global goals on disaster risk reduction<\/strong>. The perspectives that G20 as a group will bring to the table would be unique.<\/p>\n<p>For example, any talk about <strong>risk financing<\/strong> will not be merely about additional financial resources. It will also include more <strong>efficient, effective and predictable<\/strong> financing mechanisms.<\/p>\n<p>The <strong>Working Group on Disaster Risk Reduction<\/strong> is an opportunity for the G20 to take a lead in the implementation of the Sendai framework over the next seven years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source- The post is based on the article \u201cIndia\u2019s G20 presidency can show the way on disaster management\u201d published in \u201cThe Indian Express\u201d on 25th May 2023. Syllabus: GS3- Disaster management News&#8211; A second meeting of the Disaster Risk Reduction Working Group will be held in Mumbai between May 23-25. This is an opportune time&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/indias-g20-presidency-can-show-the-way-on-disaster-management\/\">Continue reading <span class=\"screen-reader-text\">India\u2019s G20 presidency can show the way on disaster management<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10500],"class_list":["post-244339","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/244339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=244339"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/244339\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=244339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=244339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=244339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}