Funding For DRR Is Low.

 



At the same time, investments in disaster risk reduction (DRR) have not kept pace with increasing disaster risks. This was one of the key findings from the Midterm Review of the Sendai Framework for Disaster Risk Reduction, and a reason why many countries have been unable to reduce disaster impacts. In governments, often less than 1% of public budgets is allocated to DRR, which in most countries is only enough to meet 10 to 25% of the risk reduction needs. Moreover, international funding for DRR from developed countries has also been limited and, in some cases, decreasing, despite this funding being critical to protecting development progress and reducing humanitarian needs. According to UNDRR analysis, between 2019 and 2023, only 2% of Official Development Assistance projects listed DRR as an objective. Within the humanitarian sector, the amount of funding for disaster prevention and preparedness has gone down over the years – from an already low level of 3.6% between 2015 and 2018, to 3.3% between 2019 and 2023.
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