LDCs are made more vulnerable by deep-rooted poverty, lower investment in resilient infrastructure and health services, the climate emergency, COVID-19, unplanned urbanization and other factors. Recent research suggests that it is just as important a part of building resilience to disasters as disaster preparedness and early warning systems.Īs the Secretary-General said earlier this year, in response to the current global crisis, the G20 Debt Service Suspension Initiative and debt relief must be expanded to all developing countries that need it. This is the case even though among the reporting countries, their combined GDP amounts to only 1% of the total and their combined populations are just 18% of the total population.Įconomic resilience is an area that we need to pay more attention to when we advocate for disaster risk reduction. Recent analysis by the UN Office for Disaster Risk Reduction shows that over the last twenty years when economic losses are expressed in terms of percentage of GDP, the worst-hit nations are all low-income countries.Īmong more than 120 countries reporting across all Sendai Framework targets for disaster losses, LDCs account for 48% of livelihood disruptions, 40% of deaths, 17% of economic losses, and 14% of infrastructure damage. They are also detrimental to the achievement of the SDGs and a key reason why so many countries and communities are being left behind. I take these invitations as welcome signs of your commitment to disaster risk reduction.Ĭlimate Change remains the greatest existential threat of the 21st Century and nowhere is this more obvious than in the world’s Least Developed Countries.Įxtreme weather events along with the global COVID-19 pandemic are undermining the economic development of LDCs to a degree never seen before. I would like to thank the Government of Malawi for the invitation to participate both today and at the Africa and Haiti Regional Review Meeting in February. It is a pleasure to be with you this morning.
LIASON ROAD TO NOWHERE SERIES
LDCs Ambassadorial Climate Change and Risk-Informed development Briefing: Road to Doha Series
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