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Disaster Risk Reduction (DRR) Financing Explained | Global & India’s Model | UPSC Current Affairs 2025 When we think of disasters — floods, earthquakes, cyclones — we mostly hear about relief packages worth billions announced after destruction. But is this the smartest way? Should countries keep spending endlessly on repairing damage, or should we invest in prevention? This is where Disaster Risk Reduction (DRR) Financing comes in. It is the proactive investment made before disasters strike, to reduce losses and build resilience. In this video, we cover everything you need to know about DRR Financing — from the global scenario to India’s strong legal and financial model. ✨ What you will learn in this video: ✅ What is Disaster Risk Reduction (DRR) Financing? ✅ Difference between Relief Packages vs. DRR Financing (Reactive vs. Proactive approach) ✅ The global funding gap – shocking facts from the UNDRR “Resilience Pays” Report 2025 ✅ Why every $1 spent on prevention saves $15 in recovery ✅ India’s structured model – Disaster Management Act 2005 and 15th Finance Commission allocation ✅ Global challenges: Funding gap, lack of early warning systems, low disaster insurance penetration ✅ Innovative solutions: Blended Finance, Green Bonds, Catastrophe Bonds, Debt-for-Resilience Swaps ✅ The way forward – global lessons from India 📌 Why this topic is important for UPSC IAS Preparation? Directly relevant for UPSC Prelims & Mains 2025 (GS Paper 1, 2, and 3). Covers Environment, Disaster Management, Governance & Sustainable Development. Can be used in Essay writing & Interview as a case study (India’s DRR Financing model). 🌱 Key Takeaways from the Video: DRR Financing is not an expense, it is an investment in resilience. India’s model is structured, transparent, and focuses on vulnerable communities. The world must shift from “Respond & Repeat” to “Plan & Prevent”. Paris Agreement & Nationally Determined Contributions (NDCs) Explained India’s MISHTI Scheme for Mangroves Deep Ocean Mission: India’s Blue Economy Push COP30 Climate Conference and Global Climate Governance #DRR #DisasterManagement #UPSC #CurrentAffairs2025 #IAS #Environment #UNDRR #disasterriskreduction #CURRENTAFFAIRS #INTERNATIONALNEWS #GEOPOLITICS #LATESTUPDATE #LATESTNEWS #LATESTUPDATE #CURRENTNEWS #NEWS #HINDI #LATEST