OUTLINE OF THE PRESENTATION  GoB’s Goal in Managing Disaster Risks  Investment in DRR  Public Investment Framework  Public Investment Mechanism 

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Presentation transcript:

OUTLINE OF THE PRESENTATION  GoB’s Goal in Managing Disaster Risks  Investment in DRR  Public Investment Framework  Public Investment Mechanism  Investment Need  Challenges and Conclusion

GOB VISION FOR DISASTER MANAGEMENT Reduction of Vulnerability Sustain Risk Reduction Culture at all levels Strengthen Capacity of the Disaster Management System Improve Response and Recovery system and Capacity

INVESTMENT IN DRR PublicPrivate

PUBLIC INVESTMENT FRAMEWORK Vision 2021 /Perspective Plan Five Year Plan National Disaster Management Plan ADP including Local Development Initiatives /Plan Enabling Environment for Private Sector Investment

PUBLIC INVESTMENT MECHANISM Infrastructure: shelter, road/embankment, killa, excavation/re-excavation canal and pond, tree plantation and other engineering intervention etc. Services: health, education, information & communication, training etc. Social Protection: a. Cash based b. Food based Humanitarian Assistance: response and early recovery

DOMESTIC INVESTMENTS Disaster Loss = 1.8 % of GDP in % of the annual budget spent on CCA-DRR purposes per annum, which is equivalent to 1% of the GDP. (around 77% domestic) Around 1% of the GDP is spent for social protection which are specifically for disasters (around 80% domestic) Relief constitute (GR) (almost 100% domestic)

PUBLIC INVESTMENT NEEDS Post Disaster Reconstructions and Resilient Recovery Emerging Hazards and Risk: slow onset - salinity and urban disaster Research and Development/CB Protecting Development Gains

CHALLENGES AND CONCLUSIONS Investment Vs Expenditure Increase of share of government in disaster investment has to be revert. Competitive Priorities Social Protection can be better utilized in DRR-CCA Increasing Demand in Investment on Risk Reduction - The demand vs supply is increasingly imbalanced Short term and Long term Perspective Increasing Cost for Relief and recovery cut short development expenditure

Thank you Mohamad Abdul Wazed Director General, Department of Disaster Management, Bangladesh /