Audio By Carbonatix
UN Secretary-General, António Guterres, has called on the world to step up investments by 2020 and ensure that disaster risk reduction is at the heart of the Decade of Action.
Delivering a speech to mark the International Day of Disaster Risk Reduction, Mr Guterres said in the coming decade, the world will invest trillions of dollars in new housing, schools, hospitals and infrastructure, but not climate resilience and disaster risk reduction.
“There is a strong economic case for such steps: making infrastructure more climate-resilient can have a benefit-cost ratio of about six to one. For every dollar invested, six dollars can be saved. This means that investing in climate resilience creates jobs and saves money,” he said.
Read his full speech below.
Throughout my life, I have visited many communities affected by extreme weather events and other natural hazards.
From the South Pacific to Mozambique to the Caribbean and beyond, I have seen the devastating and life-changing impact of the climate emergency on vulnerable communities.
Disasters inflict horrendous suffering and can wipe out decades of development gains in an instant.
In the coming decade, the world will invest trillions of dollars in new housing, schools, hospitals and infrastructure. Climate resilience and disaster risk reduction must be central to this investment.
There is a strong economic case for such steps: making infrastructure more climate-resilient can have a benefit-cost ratio of about six to one. For every dollar invested, six dollars can be saved.
This means that investing in climate resilience creates jobs and saves money.
And it is the right thing to do: it can ease and prevent human misery.
I am encouraged by the global groundswell of public support for urgent climate action, and by the many commitments made at the recent Climate Action Summit.
We all must now focus on increased ambitions. I call on the world to step up their investments by 2020 and ensure that disaster risk reduction is at the heart of the Decade of Action.
Let us all push for greater ambition on climate action, disaster risk reduction and all our efforts to achieve the Sustainable Development Goals.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Tano North chiefs tackle police over ‘routine release’ of arrested illegal miners
5 minutes -
Accra-Kumasi Expressway almost complete – Roads Minister
8 minutes -
ECG announces temporary power outages in parts of Tema and Ashanti Regions
34 minutes -
Somalia child hunger crisis deepens after aid cuts, UNICEF says
34 minutes -
Media urged to help shape Constituency Games implementation
41 minutes -
Accra’s only public horse racing course destroyed at Borteyman
47 minutes -
Dozens of people abducted in attacks on villages in Nigeria, police say
56 minutes -
NSMQ 2026: Mfantsiman Girls’ bounce back from 2025 prelims exit to book one-eighth spot
1 hour -
Africa’s $9 trillion lithium bonanza: Can Africa turn its mineral wealth into a global economic powerhouse?
1 hour -
16,000 shea seedlings planted at Pavuu in Upper West region to restore degraded landscapes
1 hour -
Fourteen killed in strike on Myanmar monastery
1 hour -
Two-time world champion Tete shot dead outside home
1 hour -
Father leaves 7-year-old son alone on Mount Fuji to continue hike
1 hour -
CMC Managing Director launches 24-hour operating model
2 hours -
Carney faces crucial test after walking away from Trump’s deal
2 hours