UNDRR
Managing risk critical for aid effectiveness
UN disaster risk reduction chief Margareta Wahlström speaking at the 4th High Level Forum on Aid Effectiveness in Busan, Republic of Korea, said that managing risk is crucial to safeguard investments in poverty-stricken Africa and Asia, where countries can lose as much as a fifth of their GDP to disasters each year.
She said aid helps to transform the lives of millions each year and cited the example of the host country, the Republic of Korea which rose from a poor nation earning less than $100 per capita per day, to become one of the world’s richest countries and an aid donor contributing over $1.2 billion in development assistance worldwide.
Read more: www.unisdr.org/archive/23893
Managing risk critical for aid effectiveness
UN disaster risk reduction chief Margareta Wahlström speaking at the 4th High Level Forum on Aid Effectiveness in Busan, Republic of Korea, said that managing risk is crucial to safeguard investments in poverty-stricken Africa and Asia, where countries can lose as much as a fifth of their GDP to disasters each year.
She said aid helps to transform the lives of millions each year and cited the example of the host country, the Republic of Korea which rose from a poor nation earning less than $100 per capita per day, to become one of the world’s richest countries and an aid donor contributing over $1.2 billion in development assistance worldwide.
Read more: www.unisdr.org/archive/23893