India’s Proposal for Global Facility for DRR

On 6th June 2025, at the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing in Geneva, Principal Secretary to the Prime Minister of India, urged the international community to adopt concrete, time-bound steps and establish a dedicated global facility to support DRR financing.

Key Points

Global Appeal: India proposed the creation of a UN-backed global facility for DRR financing, supported by multilateral development banks, to provide catalytic funding, technical aid, and a knowledge-sharing platform.
India’s Progress: From modest beginnings, India’s DRR allocations have grown significantly—from INR 60 million (USD 0.7 million) in early years to INR 2.32 trillion (USD 28 billion) under the 15th Finance Commission.
Integrated Financial Approach: India now uses a rule-based, accountable framework for DRR that integrates preparedness, mitigation, relief, and recovery into a single flow of funds across all governance levels.
Inclusive and Transparent: Vulnerable communities are central to allocation decisions, with accountability and transparency built into each expenditure stage.