Why funding before a disaster is crucial
Disaster preparedness is a process that identifies vulnerabilities within communities that can potentially transform natural hazards like storms, floods, earthquakes, etc. into disasters. It aims to reduce these risks through pre-planning for natural hazards.
With shifts in disaster seasonality, frequency and intensity, the effects of disasters have increased in recent years and being prepared for disasters is necessary more than ever.
In 2024, a study by the U.S. Chamber of Commerce, Allstate and the U.S. Chamber of Commerce Foundation identified that every $1 invested in preparedness can save up to $13 in disaster recovery costs.
Yet, research by the Center for Disaster Philanthropy (CDP) has found that funders still tend to invest about 50 percent in the immediate response after a disaster, 10 percent in long-term recovery, and only a fraction in preparedness or mitigation.
Join CDP for a website that will unpack the importance of disaster risk reduction and preparedness, anticipatory action and climate change adaptation. Funders will learn techniques for engaging with and supporting local communities, especially marginalised and vulnerable populations, to ensure equitable recovery and resilience.
Speakers
Speakers TBC
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This webinar is being hosted by CDP. It takes place at 1pm ET / 9pm Dubai. You can register here.