World not spending enough to avert disasters as global calamities rise: UN

Of the $133 billion in available disaster-related financing in 2010 to 2019, only 4% went to reducing risks with the rest being spent on more costly post-calamity responses, a UN official said

Nations are spending too little to prevent disasters in the face of rising global calamities from the floods in South Africa to a record-breaking heatwave in India.
 

Of the $133 billion in available disaster-related financing in 2010 to 2019, only 4% went to reducing risks with the rest being spent on more costly post-calamity responses, Mami Mizutori, head of the United Nations Office for Disaster Risk Reduction, said in an interview. 

“This is the new landscape of disaster risk,” Mizutori said ahead of a global forum on disaster risk reduction in Bali. “We are living in a multi-hazard world with