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Disaster risk-informed and resilient COVID-19 recovery - Side Event of the Second Committee, General Assembly, 75th session
15 Oct 2020 -  Side Event of the Economic and Financial Committee (Second Committee, General Assembly) organized by the United Nations Office for Disaster Risk Reduction (UNDRR) in collaboration with the International Labour Organization (ILO), the Office of the High Representative for LDCs, LLDCs and SIDS (OHRLLS), and UN Women.

Today’s risk landscape is rapidly changing, and risk has become progressively more systemic. New interactions between environmental, economic, technological and biological risks are emerging in ways that were not anticipated. One hazard can trigger another with cascading impacts across systems and borders and devastating impacts on progress across the SDGs. However, policies, institutions and financing remain focused on preparing for and responding to disasters, rather than preventing the creation of risk and subsequent losses. To achieve the SDGs, current, emerging and future risks need to be considered in policy and investment decisions in all sectors.

The COVID-19 pandemic and the climate crisis exemplify the systemic nature of risk and the potential for cascading impacts. COVID-19 has triggered an unprecedented social and economic catastrophe on a global scale. Decades of development progress have unraveled, and poverty and inequality, particularly gender inequality, have deepened. As a consequence, vulnerability and exposure to other hazards, including the intensifying climate crisis, have greatly increased with impacts foreseen long into the future.

The objective of the side event is to: i) raise awareness that limited attention to risk reduction in sustainable development policy, including economic policy, and public and private investments is compromising the achievement of the SDGs; ii) encourage Member States and stakeholders to apply the Sendai Framework in COVID-19 response and socio-economic recovery and rehabilitation policies and strategies in order to embark on a risk-informed and sustainable trajectory moving forward; and iii) to share promising national experience in implementing the Sendai Framework and reducing disaster risk.

Opening segment

Interactive segment

- Panel 1: Understanding systemic risk for transformational economic and social policy.

- Panel 2: Applying a disaster risk-informed approach for COVID-19 rehabilitation and sustainable development.

Closing segment