Early Warnings for All Action Plan unveiled at COP27

"The estimated new targeted investments of US$ 3.1 Billion over the five years would be used to advance the four key Multi-Hazard Early Warning System (MHEWS) pillars:

Disaster risk knowledge (US$374 million) - systematically collect data and undertake risk assessments on hazards and vulnerabilities
Observations and Forecasting (US$1.18 billion) - develop hazard monitoring and early warning services
Preparedness and response ($1 billion) - build national and community response capabilities
Dissemination and communication (US$ 550 million) - communicate risk information so it reaches all those who need it, and is understandable and usable

The plan identifies key areas for advancing universal disaster risk knowledge, and outlines the priority actions required to achieve this, building on the Sendai Framework for Disaster Risk Reduction."

https://public.wmo.int/en/media/press-release/early-warnings-all-action-plan-unveiled-cop27