2nd meeting of G-20 Disaster Risk Reduction Working Group (DRRWG) begins in Mumbai

Sakshi Education

The second meeting of the G-20 Disaster Risk Reduction Working Group (DRRWG) began in Mumbai today. The meeting aims to mitigate the impact of disasters on vulnerable communities by identifying opportunities and examining creative financing mechanisms. The three-day meeting will be attended by government officials, industry experts, private sector representatives, and stakeholders from over twenty countries.
The National Disaster Management Authority in collaboration with various knowledge partners has organised a day-long side event titled ‘Financing Disaster Risk Reduction’ at the margins of the 2nd DRR Working Group meeting.
The overall objective of the side event will be to deliberate on cross-country arrangements related to disaster risk financing, the existing policy and institutional frameworks, arrangements for alternate risk instruments and public-private partnerships and the role of social protection system in reducing the impact of disasters on the most vulnerable population groups.
In the evening, G-20 DRRWG delegates will visit the Brihanmumbai Municipal Corporation heritage building and the BMC Emergency Operations Centre in Mumbai.