‘Finance for Resilient Development in the Asia-Pacific Region’ Topic

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[Image source=Yonhap News]

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[Asia Economy Reporter Lim Cheol-young] The Ministry of the Interior and Safety announced on the 29th that it will hold the "16th Regular Meeting of the Asia Disaster Prevention Center (ADPC) Regional Consultative Committee (RCC)" for two days from the 30th to October 1 under the theme "Finance for Resilient Development in the Asia-Pacific Region."


The Asia Disaster Prevention Center is an independent international organization established in 1986 for the formulation of disaster management policies and education and training in the Asia-Pacific region. The 16th meeting, co-hosted by the Asia Disaster Prevention Center and the Government of the Republic of Korea, will be attended by over 200 participants including representatives from 25 member countries in the Asia-Pacific region, various international organizations, and private disaster experts. The meeting will hold diverse discussions on directions for disaster mitigation, including the role of international financial institutions in achieving resilient development and exploring innovative development cases using advanced technologies.


At this meeting, the Republic of Korea, as the host country, will conduct a special presentation to introduce Korea’s disaster management system utilizing information and communication technology. Researcher Lee Chi-heon from the National Disaster Safety Research Institute will introduce Korea’s smart disaster management system under the theme "Disaster Management Using ICT." Following this, Shim Jin-hong, Director of the Disaster Safety Communication Network Management Division at the Ministry of the Interior and Safety, will introduce the world’s first nationwide single PS-LTE disaster safety communication network and guide its utilization methods. Professor Lee Jae-eun from Chungbuk National University will present on "Regional Governance for Resilient Development," discussing the case and implications of Cheongju City.


Additionally, the "Sejong Declaration" is expected to be adopted as a result of the 16th meeting. Through the "Sejong Declaration," member countries will confirm the roles of public and private finance for resilient development and the actions each country should take. This will lead to efforts to implement the Sendai Framework, which aims at disaster risk reduction and resilient development.



Minister Jeon Hae-cheol stated, "As the scale and impact of disasters increase, it is no longer possible to manage disasters through efforts by a single country alone," and added, "The Ministry of the Interior and Safety will strengthen support for a resilient society while expanding exchanges to reduce disaster risks in the Asia-Pacific region."


This content was produced with the assistance of AI translation services.

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