Suchergebnisse

One of the most discussed issues of modern times is that of problems related to the scarcity of funds in dealing with the increasing catastrophic events due to volatile climatic conditions. Disaster Risk Resilience (DRR) can be interpreted as global policies working for improving disaster risk reduction and building efforts for resilience worldwide. The report analyses the applicability of popular instruments for emerging economies, the role of the private sector, and challenges to implementation of resilience framework. The Sendai Framework for Disaster Risk reduction (SFDRR) is the guiding principle for disaster risk reduction policies and efforts to improve resilience worldwide. The SFDRR synergises risk reduction efforts with sustainable development goals. Our report links global efforts for disaster risk reduction with resilient infrastructure. With the increased frequency of disasters, the economic burden of the states is rising not just with respect to 'build back better', but also regarding creation of resilience. Infrastructure network and asset creation have to be seen in the context of efforts to combat climate change, reduce disaster risk, and promote sustainable development. Infrastructure creation should account for climate and disaster resilience (OECD, 2018). Hence this report tries to compile a set of problems and preventive measures surrounding disasters in India.

In this paper, we try to cover a whole range of polices and schemes that have been undertaken in Indiato finance disaster risk resilience (DRR). This paper tries to emphasise the importance of DRR in dealing with natural catastrophesby integrating DRR and climate change adaptation strategies for the purpose of mainstreaming them into centrally sponsored schemes. It briefly talks about synergising risk reduction efforts with sustainable development goals through the Sendai Framework. This framework calls for all-inclusive collective action from private stakeholdersandlocal governments,while unambiguously stating the primary role of a state. The paper reflects briefly on the gaps since the advent of these policies and suggests methods for financing based on experiences of other countries. Then the focus of the paper shifts towards insurance and reinsurance mechanisms used in other countries for financing these catastrophes. It underlines a concept that resilience can be attained only through building better infrastructure for reducing shocks and these instruments can be financed by introducing new financial tools which deal with climate change from its very inception. Infrastructure creation is an ineluctable component of economic growth and development. It points out that the success of any economy is heavily dependent on its infrastructure network and assets -existing and planned -and ignoring the 'resilience' aspect in infrastructure management and investment would mean additional vulnerabilities and serious negative impacts on efforts towards sustainable development and a low carbon future.Scaling up resilient infrastructure will also bring numerous co-benefits by diffusing development across sectors.Despite the suite of reforms that have been initiated in shifting towards resilient infrastructure and disaster funds,implementation of these reformshasbeen poor. These reforms are stalled by the weakness in execution and layers and sub-layers involved indelivering these services.

This book focuses on one of the two G20 tracks, the finance track. It examines the evolution of the finance track in G20, the organizational structure of the finance track, and the role of international organizations in reforming the financial architecture. It discusses how the agenda is formed and driven by the political economy of the host country as well as the imperative of the time. It also documents the finance track themes taken up by different G20 presidencies over the years. Some of the common threads between the G20 emerging economies presidencies in terms of the finance track themes that the G20 leaders have considered include financial sector regulation and reform, reform of international financial institutions, global growth and macroeconomic policies, international taxation, and financial inclusion. The book is an excellent resource for the researchers of international economics as well as for policymakers.