A new scheme launched by U.N. agencies, the World Bank, and countries most vulnerable to climate change is seeking funding of up to $130 million to help 20 at-risk nations prepare better for natural disasters.
The Global Partnership for Preparedness, launched at the World Humanitarian Summit in Istanbul, aims to help the countries attain a basic level of readiness by 2020 for future disaster risks mainly caused by climate change.
The money will enable the countries to access risk analysis and early warning systems, put together contingency plans, including pre-committed finance, and respond better to shocks such as floods and droughts.
"The aim is to save lives, safeguard development gains, and reduce the economic impacts of crises," said United Nations Development Program Administrator Helen Clark. Development gains, in particular, "can otherwise be lost with each disaster", she said.
The countries will be selected from the 43 nations belonging to the Climate Vulnerable Forum, a group that spans Africa, Asia, the Caribbean, Latin America and the Pacific. Backers hope to expand the program to 50 countries within five years.
Read more at As Disaster Risks Rise, 20 Nations Get Help to Prepare
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