Lecture

Funding Science and Technology for Disaster Risk Reduction

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Description

This lecture covers the funding of science and technology for disaster risk reduction, highlighting the significant global differences influencing capacity and research alignment. It discusses the focus on frequent hazards, the lack of resources for complex risks, and the need for further investments in innovation and research prioritization. The presentation also explores various funding resources, emphasizing the importance of strategic coordination and a potential paradigm shift towards investing in research. References to key studies in disaster risk reduction science and finance are provided.

In MOOC

A Resilient Future: Science and Technology for Disaster Risk Reduction

This course aims to introduce participants to existing and emerging technologies suitable for disaster risk reduction while promoting the overall aim of sustainable development. The course focuses on three main natural hazards- floods, landslides and earthquakes. It also discusses the challenges and limits of adapting and adopting technologies depending on context (Global North and Global South) with examples from Switzerland, Nepal, Colombia, Philippines and other countries.

Official source

Related concepts (27)

Investment fund

An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to: hire professional investment managers, who may offer better returns and more adequate risk management; benefit from economies of scale, i.e., lower transaction costs; increase the asset diversification to reduce some unsystematic risk.

Investment trust

An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares. The first investment trust was the Foreign & Colonial Investment Trust, started in 1868 "to give the investor of moderate means the same advantages as the large capitalists in diminishing the risk by spreading the investment over a number of stocks".

Investment management

Investment management (sometimes referred to more generally as asset management) is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REITs.

Science

Science is a rigorous, systematic endeavor that builds and organizes knowledge in the form of testable explanations and predictions about the universe. Modern science is typically divided into three major branches: natural sciences (e.g., biology, chemistry, and physics), which study the physical world; the social sciences (e.g., economics, psychology, and sociology), which study individuals and societies; and the formal sciences (e.g., logic, mathematics, and theoretical computer science), which study formal systems, governed by axioms and rules.

Investment banking

Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities.

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Information Session on Consultation: Swiss Federal Institute of Technology for Environment and Sustainability