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The Third Financing for Development Conference (FfD3) is a milestone opportunity, as it will help determine whether there is adequate and coordinated investment in disaster risk management (DRM) for the next 15 years. Investing in DRM yields multiple benefits and is cost effective. Evidence shows that investing in disaster resilience avoids losses when disasters strike, but also unlocks development potential by bolstering economic activity and producing economic, social and environmental co-benefits.

The paper provides seven key messages that should be addressed by the Third International Conference on Financing for Development (FFD3) to ensure that disaster risk does not hamper the progress of achieving the Sustainable Development Goals.