Geneva, June 5 -- Principal Secretary to the Prime Minister, PK Mishra, highlighted India's robust Disaster Risk Reduction (DRR) financing system--cumulatively exceeding USD 28 billion--and called for concrete, time-bound outcomes and the creation of a global facility for catalytic funding, technical assistance, and knowledge exchange.

While delivering India's statement at the 8th Global Platform for Disaster Risk Reduction (GPDRR) 2025 in Geneva on Wednesday (local time), Mishra commended the United Nations Office for Disaster Risk Reduction (UNDRR) and its partners for convening the ministerial roundtable on DRR financing, emphasising that its journey from a USD 1 million allocation to a projected USD 42 billion under the 16th Finance ...