DRRM

Question 1

How investing in prevention mitigates losses

Answer 1

*Lessen damages
* Foster economic growth and employment

Exampel: Mangrove forest avoids losses from coastal flooding

Question 2

Call to Action

Answer 2

1. Overhaul regulatory environment strengthen oversight
2. Build the evidence base
3. New and innovative founding medal

Question 3

Under overhaul regulatory environment (3)

Answer 3

*Mainstreaming of disaster risk into public and private investment

*Ensure financial institutions and banks align their strategies,
operations and activities with the Sendai Framework

*Create an enabling environment for effective insurance

Question 4

Under build the evidence base (3)

Answer 4

*Track prevention financing
*Conduct risk-sensitive budget reviews
*Increase use and application of risk and financial data

Question 5

New and innovative funding models (3)

Answer 5

*Promote blended financing and introduce prevention in bonds

*Establish a pipeline for disaster and climate resilient infrastructure
investment

*COVID-19 Stimulus package to build resilience

Question 6

Role of Personal Finance in Disasters

Answer 6

Victims of typhoon were able to recover because they have micro-insurance