[S19] DRR solutions and financing will promote pre-disaster DRR investments
Conference Bldg 2F - Tachibana Conference Hall
| Organizer | Development Bank of Japan Inc., Japan Economic Japan Economic Research Institute Inc. |
|---|---|
| Co-organizer | Ministry of Economy, Trade and Industry |
- Sendai Framework for Disaster Risk Reduction 2015-2030
- Investment in disaster risk reduction
- Disaster risk reduction startup
Outline
The Sendai Framework for Disaster Risk Reduction (in particular, Priority Action 3) aims to reduce disaster risk through pre-disaster investment, rather than relying solely on financial support from the government in the post-disaster recovery and reconstruction phase.
Taking adaptation finance as an example, debt finance is the most common type of finance worldwide. While finance for future disaster prevention investment projects (green bonds/loans, social bonds/loans, social resilience bonds, etc.) is well known, today I will show the importance of finance that evaluates the disaster resilience that organizations have accumulated and maintained.
We will show several examples, including the BCM rating loan from the Development Bank of Japan, and we will also show examples of promoting finance that incorporates risk reduction (including technology, products, and services that contribute to pre-disaster investment in reducing people's and health risks in evacuation shelters, not just infrastructure), as well as innovations that increase the resilience of society and people.
