The Case for Business to Undertake Disaster Risk Reduction Activities
Recognizing the challenge of private sector involvement on DRR activities, UNISDR, the World Economic Forum, and the World Bank, with funding support from GFDRR, have launched an effort to document working models and build strategies for promoting the private sector as an integral element of risk reduction and sustainable agenda in natural disaster hotspot countries. This effort, carried out through facilitated private and public sector expert sessions, desk research, company interviews, and peer reviews, takes into account corporate practices as well as the practical experiences of governmental authorities and community-based organizations.
In order to support these discussions with research and fact-based analysis, the World Economic Forum has simultaneously launched the study “The Case for Business to Undertake Disaster Risk Reduction Activities”. Working in close contact with the Global Facility for Disaster Reduction and Recovery of the World Bank and the United Nations’ ISDR secretariat, the Study aims to review successful cases and build strategies for involving the private sector in effective and sustainable solutions to DRR.