DRR, Inc.: Can the Private Sector Revive Resilience?

As the planet warms, the vulnerability of communities in less developed countries rises. According to the International Organization for Migration (IOM), in 2008, 20 million people were displaced by climate-related sudden onset disasters. Additionally, as AlertNet reports, in 2011, floods, typhoons, and earthquakes caused over $274 billion of economic losses in Asia alone. Without appropriate mitigation strategies, extreme weather and rising tides are likely to lead to greater losses of life and development investments in the coming decades. While professionals in the humanitarian and development sectors recognize the importance of countering the negative impact of climate change and weather-related disasters, pathways to implementation remain difficult to navigate.

October, 2012