The Global Platform for Disaster Reduction was established in 2007 as a biennial forum for information exchange, discussion of latest development and knowledge and partnership building across sectors, with the goal to improve implementation of disaster risk reduction through better communication and coordination amongst stakeholders.
The Bank shall install a monitor for a term of at least two years who will report directly to DFS and who will evaluate the money-laundering risk controls in the New York branch and implementation of appropriate corrective measures.
It will highlight the role of ESD for the transition to green economies and societies and as a catalyst for cross-sector planning and implementation of programmes in areas such as climate change, biodiversity and disaster risk reduction.
Second, opening this smaller market initially reduces the risk for regulators who are clearly uncertain about the impact of an immediate full implementation of the law.