Between 2000 and 2022, Latin America and the Caribbean experienced 1,534 disasters, affecting 190 million people and causing major economic and social disruptions. With expected annual losses of USD 58 billion, the region’s risk landscape underscores the urgent need to move from reactive responses to proactive disaster risk reduction (DRR) strategies. Despite growing recognition of the importance of DRR, national budget allocations remain minimal—less than 2.5% annually—and heavily imbalanced, with around 80% directed toward response. International cooperation for risk reduction and climate adaptation likewise represents only a small share of official development assistance received in the region, about 6% of total financial flows. The financing available, primarily reactive in nature, is insufficient to overcome persistent vulnerabilities and the high economic losses associated with disasters, highlighting the need for more effective, risk-informed decision-making.
Objectives of the Session
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Strengthen the integration of disaster risk reduction (DRR) and climate change adaptation as central components of development financing policies in the region.
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Promote innovative instruments and mechanisms to increase and improve financing and investment in resilience.
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Foster regional cooperation and partnerships to advance the resilience agenda within development financing policies.
Expected Results
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Practical recommendations to strengthen the integration of resilience into development financing agendas.
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Key messages for COP30 reflecting the priorities of Latin America and the Caribbean on financing and investment for DRR and climate adaptation.
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Strengthened networks among UN agencies, funds, and programmes, as well as other key actors in the development financing agenda.
Title: From Risk to Resilience: Towards a New Generation of Financing Strategies for Development
Date: 1 October 2025
Time: 9:00 AM (Panama time)
Duration: 75 minutes
Format: Virtual
Languages: Spanish and English (simultaneous interpretation available)
Registration link: https://undrr.zoom.us/webinar/register/WN_KMTqM1HYSumZnHT8Op-kMg
https://undrr.zoom.us/webinar/register/WN_KMTqM1HYSumZnHT8Op-kMg