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- Permanent Link:
- http://dpanther.fiu.edu/dpService/dpPurlService/purl/FI13042197/00001
Notes
- Summary:
- This document promotes a multi-stakeholder approach to reducing the impact of disasters on developing societies, integrating recommended policies for the public sector, private enterprise, and the international community. It highlights various best practices in pre-disaster mitigation and preparedness, as well as response and recovery efforts that are mindful of long-term disaster risk reduction (DRR). Over the past 30 years, there has been a noticeable increase in the frequency of disasters as well as in their impacts on populations and economies. The document outlines a number of factors to explain this trend, particularly rapid population growth and unplanned urbanization along coastal zones and riverbanks in a context of climate change, which increases the incidence and intensity of weather-related phenomena. In the developing world this is compounded by a lack of knowledge, capacity, and resources to respond adequately to growing disaster risks; a lack of risk planning or investment in physical resilience; and limited insurance coverage. This document contends that a multi-stakeholder approach is necessary to tackling these myriad and interconnected vulnerabilities and risks facing developing countries. It identifies four objectives that should be emphasized: increasing public knowledge and awareness regarding the risks facing them; reducing risk and increasing resilience through land use management, improved building codes, regulation of construction practices, and retrofitting of existing structures; mitigating residual risks through risk transfer mechanisms, such as traditional insurance, micro-insurance, and catastrophe bonds; incorporating DRR principles into post-disaster reconstruction and recovery efforts. Critical to the integration of these various efforts is a conceptualization of disaster risk management as occurring along a recurring timeline from preparedness to recovery following disaster, and back to the integration of lessons learned from disaster into preparedness. The document calls on public sectors to create overarching risk management agencies as well as institutional, legislative, and operational mechanisms for the systematic guidance of national and regional DRR plans, and the coordination of multiple stakeholders. It advocates for the international community to help developing countries in building their capacity to address disaster risks through the exchange of knowledge, technical skills, and funds. And lastly, it calls for greater incorporation of the private sector as key stakeholders in disaster risk management, particularly the banking, engineering, construction, real estate, and media. ( English )
- Subject:
- Disaster Risk Management ( English )
- Citation/Reference:
- (2011). A vision for managing natural disaster risk: proposal for public/private stakeholder solutions. World Economic Forum (WEF).
Record Information
- Source Institution:
- Florida International University
- Rights Management:
- Refer to main document/publisher for use rights.
- Resource Identifier:
- FI13042197
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