Vietnam attends Global Forum on Disaster Risk Reduction

Deputy Minister of Agriculture and Environment Nguyen Hoang Hiep at the ministerial roundtable meeting. (Photo: Nguyen Van Tuan/VNA)

The United Nations Office for Disaster Risk Reduction (UNDRR) is chairing and the Swiss Government is hosting this year's forum.

With the theme “Every Day Counts – Act Today to Build Resilience,” the forum marks an important milestone between the high-level meeting on the mid-term review of the Sendai Framework for Action and the Sendai Framework’s eventual end in 2030.

The Forum is an opportunity to review and discuss progress in implementing the recommendations from the Political Declaration of the Mid-Term Review of the Sendai Framework, adopted by the United Nations General Assembly in 2023, and to propose practical solutions to accelerate implementation.

Speaking at the discussion session on “Promoting disaster risk transfer finance to increase resilience,” Deputy Minister Nguyen Hoang Hiep emphasized Vietnam’s proposal to build a sustainable financial system to respond to natural disasters, in line with the goals of the Sendai Framework for Action.

The Deputy Minister proposed two important actions. First, it is necessary to promote investment in disaster-resilient infrastructure and improve disaster risk data to identify appropriate financial solutions for vulnerable areas. Second, it is necessary to strengthen international cooperation to mobilize investment resources for disaster prevention and control, and at the same time, share Vietnam's experiences to help other countries improve their disaster response capacity.

Vietnam also called for close cooperation between governments, the private sector and international organizations to scale up disaster risk transfer financing initiatives, and proposed that the United Nations support the most vulnerable countries in the Asia-Pacific region to have better access to multilateral and global funds, helping to enhance community resilience to the growing impacts of natural disasters and climate change.

The Global Forum on Disaster Risk Reduction is an opportunity for Vietnam to affirm its proactive role in developing sustainable financial solutions to reduce disaster risks and protect people's livelihoods.

With determination to act today, Vietnam continues to move towards a safer and more stable future in the face of current natural disaster challenges./.

According to VNA

Source: https://baothanhhoa.vn/viet-nam-tham-du-dien-dan-toan-cau-ve-giam-nhe-rui-ro-thien-tai-251039.htm