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Global Assessment Report on Disaster Risk Reduction 2013
From Shared Risk to Shared Value: the Business Case for Disaster Risk Reduction |
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Global Assessment Report on Disaster Risk Reduction 2013
From Shared Risk to Shared Value: the Business Case for Disaster Risk Reduction |
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A focus on the urban development, tourism and agribusiness sectors
GAR13 also commissioned research to examine the challenges and opportunities to risk-sensitive business investment in three sectors: urban development; tourism; and agribusiness. These sectors are not only some of the most dynamic in the world economy, but also play a key role in the configuration of disaster risks. In each sector, GAR13 examines the interactions between business and the public sector and the incentives and constraints for disaster risk reduction.
Finance, insurance and public regulation
Business investment decisions in these and other sectors are mediated by the availability of finance, insurance pricing as well as public sector regulation and incentives.
In partnership with the insurance industry, and through a set of case studies, GAR13 examines the challenges faced in the development of insurance markets that contribute towards risk-sensitive business investment. It also looks at the role of capital markets and financial institutions in providing incentives or disincentives for risk-sensitive investment.
Public regulation has traditionally been privileged as a means to avoid the externalisation of risks and costs by business investments to the public sector and community. But GAR13 also examines how the incentives provided by countries and cities to attract foreign direct investment (FDI) may actually encourage investment in hazard-prone areas. Further, it seeks to identify examples where it has been recognised that the costs of the resulting shared risks are becoming untenable for both business competitiveness and the sustainability of societies.
Nascent business practices in disaster risk management
GAR13 also identifies and describes nascent business practices that are starting to positively transform the landscape of disaster risk management.
These practices include efforts to strengthen corporate risk management strategies; new approaches to supply chain resilience; initiatives to increase the accessibility and usability of risk information; investors’ growing appetite for risk disclosure and transparency; and new opportunities for creating shared value by investing in disaster risk management in partnership with the public sector.
How to use this report
GAR13 has been structured around a set of contributed and commissioned Background Papers, as well as risk and disaster data. More in-depth research and case studies than ever before have been developed for this edition of the GAR, including studies submitted in response to a Call for Papers issued to relevant academic institutions and networks in early 2012. GAR13 is available in a number of different formats.
- The Augmented Reality print GAR13 contains enhanced content that provides access to additional digital information, such as dynamic maps, videos, photos and case studies, for users with smartphones and tablets.
- The Pocket GAR provides the main evidence and messages of the report in a short and easy-touse format.
- GAR13 is also a feature on Tangible Earth iv – the world’s first interactive digital globe that allows users to view and understand the condition of our planet. Global risk and disaster data that underpin the report, as well as case studies and indepth analysis of particular disaster events, are presented in a format that offers readers a unique way to visualise disaster risk and its reduction.
- Tablet computer and smartphone users can alsoenjoy the GAR for Tangible Earth (GfT) free application. GfT, or “gift”, is a fully interactive standalone application, which features a 3D globe interface that contains decades of dynamic earth science data sets, including disaster events from
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