Business Desk :
Countries in Asia and the Pacific must build resilience to natural hazards and invest in social protection systems if the region is to achieve the Sustainable Development Goals (SDGs) by 2030, according to a joint report of ESCAP and UNDP.
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Asian Development Bank (ADB), and the UN Development Programme (UNDP) launched the report on Wednesday at a forum in Bangkok, said a media release.
The report, titled ‘Transformation towards sustainable and resilient societies in Asia and the Pacific,’ has highlighted that to build resilience against recurrent shocks such as flooding, pollution, and commodity price volatility, societies need to focus on four types of resilience capacities-anticipatory, absorptive, adaptive, and transformative.
The report said that many countries are already beginning to build resilience capacities against various shocks through, for example, setting up early warning systems to anticipate natural disasters, mainstreaming climate change in national planning, and investing in social protection systems to promote income and health security. However, much more needs to be done to identify and implement policy responses that will help strengthen countries’ resilience and transform vulnerable human systems into more sustainable ones.
“Building effective resilience frameworks for the future must be backed by anticipatory, absorptive, adaptive, and transformative capacities to deal with the multiple risks we face,” said UN Under-Secretary-General and Executive Secretary of ESCAP Dr. Shamshad Akhtar.
“Effectively implemented, this strategic approach will strengthen prevention mechanisms, increase mitigation solutions, and offer opportunities for human systems to bounce back,” Shamshad Akhtar added.
Asia and the Pacific has gone through a rapid transformation over the last few decades, with issues like aging, urbanization, increasing demand for natural resources, globalization, and technological progress continuing to reshape the region, it said. However, the impacts of these trends often fall disproportionately on the most marginalized groups and communities, according to the report, exacerbated by the fact that Asia and the Pacific is considered one of the most vulnerable regions in the world to various environmental and financial shocks.
Countries in Asia and the Pacific must build resilience to natural hazards and invest in social protection systems if the region is to achieve the Sustainable Development Goals (SDGs) by 2030, according to a joint report of ESCAP and UNDP.
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Asian Development Bank (ADB), and the UN Development Programme (UNDP) launched the report on Wednesday at a forum in Bangkok, said a media release.
The report, titled ‘Transformation towards sustainable and resilient societies in Asia and the Pacific,’ has highlighted that to build resilience against recurrent shocks such as flooding, pollution, and commodity price volatility, societies need to focus on four types of resilience capacities-anticipatory, absorptive, adaptive, and transformative.
The report said that many countries are already beginning to build resilience capacities against various shocks through, for example, setting up early warning systems to anticipate natural disasters, mainstreaming climate change in national planning, and investing in social protection systems to promote income and health security. However, much more needs to be done to identify and implement policy responses that will help strengthen countries’ resilience and transform vulnerable human systems into more sustainable ones.
“Building effective resilience frameworks for the future must be backed by anticipatory, absorptive, adaptive, and transformative capacities to deal with the multiple risks we face,” said UN Under-Secretary-General and Executive Secretary of ESCAP Dr. Shamshad Akhtar.
“Effectively implemented, this strategic approach will strengthen prevention mechanisms, increase mitigation solutions, and offer opportunities for human systems to bounce back,” Shamshad Akhtar added.
Asia and the Pacific has gone through a rapid transformation over the last few decades, with issues like aging, urbanization, increasing demand for natural resources, globalization, and technological progress continuing to reshape the region, it said. However, the impacts of these trends often fall disproportionately on the most marginalized groups and communities, according to the report, exacerbated by the fact that Asia and the Pacific is considered one of the most vulnerable regions in the world to various environmental and financial shocks.
