Pagiging matatag sa gitna ng sakuna, sentro ng diskusyon sa ikalawang araw ng APMCDRR
Pagiging matatag sa gitna ng sakuna, sentro ng diskusyon sa ikalawang araw ng APMCDRR
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NewsTranscript
00:00As discussed in the second day of the Asia-Pacific Ministerial Conference on Disaster Risk Reduction,
00:06the importance of having a large fund during a disaster.
00:10According to NEDA, the Philippines can do this with the help of the public and private partnership
00:16of Benji Durango in Detalle.
00:22Resiliency or being strong during a disaster,
00:2411 town hall discussions were held here in the PICC.
00:28In these discussions, the government, foreign delegates, NGOs, and the business sector exchanged information.
00:34They agreed on the idea that everyone should have a program for disaster risk reduction.
00:39For example, the government's obligation to fund disaster response and mitigation.
00:43Like Japan, which is also part of the Asia-Pacific,
00:45their investment in disaster risk reduction is $50 billion within 3 years.
00:50Like in the Philippines, earthquakes, typhoons, and tsunamis
00:53are some of the hazards that they are facing.
00:56According to UNDRR, not all countries can afford a large fund for disaster preparedness.
01:02There are several ways to do this through public-private partnership.
01:06The Asian Development Bank also has a fund that can be accessed by member countries.
01:11In the Philippines, this has been done for a long time according to DNR Secretary Maria Antonia Yulo-Loyzaga.
01:16Aside from the country's fund in DRR,
01:18private sectors and MSMEs are also helping in the supply chain
01:22to prepare the community for the effects of calamity.
01:25An integrated approach to disaster risk financing that is both data and context-driven
01:30is needed to streamline risk prevention strategies across sectors
01:35and along different decision-making levels.
01:38NEDA Secretary Arsenio Molina Balisacan also believes
01:42that the country can only rely on grants, loans, and insurance whenever calamity strikes.
01:47Traditional models of disaster risk financing such as grants, loans, and insurance
01:53often fall short in terms of both speed and sufficiency,
01:58underscoring the need for more adaptive and responsive solutions.
02:02Aside from the government's fund,
02:04public-private partnership in disaster mitigation is also a big deal.
02:08On behalf of the business community,
02:10let me state that disaster risk should be incorporated in enterprise risk management
02:16and business continuity practices.
02:20Further, DRR should be embedded in corporate strategy
02:24and the whole capital allocation process.
02:27Another effective way is to listen to the residents of a possible affected area.
02:32Like the fishermen who were taught to farm mangroves,
02:35this is the result of their belief that their boats can't be saved
02:39whenever there is a storm and the waves are strong at sea.
02:41Through mangroves, their boats are saved from possible damage
02:45because the waves are so strong that the mangroves are damaged.
02:48Of the 11 town hall discussions that took place yesterday,
02:51disaster financing and investments were chosen
02:54as one of the challenges facing developing countries like the Philippines.
02:59Benji Durango for Pambansang TV in Bagong, Philippines.