Workshop: Disaster risk reduction equals resilient investment for private sector

Disasters - natural or human-made are common throughout the world. Disasters continue to occur without warning and are perceived to be on an increase in their magnitude, complexity, frequency and economic impact. Most of India is a highly disaster prone region with natural disasters ranging from floods, droughts, cyclones, earthquakes, landslides, avalanches to forest fires. Having experienced numerous disasters, India recognizes the importance of strengthening disaster risk reduction efforts but considering the natural, economic and social diversity of India, as well as its large population, creating a national capacity building programme for disaster risk in India is a huge challenge.

HCC is a member of Private Sector Advisory Group (PSAG), established by UN International Strategy for Disaster Reduction (UNISDR) in 2011, which aims at engaging more of Private sector into Disaster Risk Reduction (DRR). In support of UNISDR, HCC in association with Global Compact Network India is organizing the workshop.

The objective of the workshop is to increase private sector resilience by creating awareness, optimizing and developing incentives for risk informed business practices and resilient investments.