SDGs advanced by this workstream
No Poverty
Zero hunger
Decent work and economic growth
Industry, innovation and infrastructure
Sustainable cities and communities
Climate action
Partnerships for the goals
$ 259
Billion
global economic losses from 170 natural catastrophes in 2021
$ 28
Trillion
cost of COVID-19 to global economy
$ 38.8
Billion
humanitarian appeals in 2020, a 24% rise from 2011
$ 40
Billion
annual global cost of coastal floods and storm surges, projected to reach US$1 trillion by 2025

UNDP Action

Partnering with industry, we are building institutional capacity and regulatory environments that are critical to limiting the impact of disasters on people’s lives and to help countries' reach their development goals. Activities include:

  • Coordination and convening
  • Risk modelling
  • Risk financing
  • Integration into critical development processes
  • Legislative, regulatory and institutional enablement

Our partners in advancing sovereign risk financing