Greater engagement by the private sector in managing disaster risk and promoting climate resilience is vital to curb increasing losses from disasters. Not only would this benefit businesses themselves but it would also help to provide the resources and solutions for tackling disaster risk in society as a whole.
Evidence of such benefits is given in a new publication Resilience in Action: Lessons from Public-Private Collaborations around the World, which distils lessons learned from over 100 examples of innovative public-private partnerships and private-sector initiatives, and showcases nine innovative cases.
Presenting the results of research undertaken by Meister Consultants Group, with funding by CDKN, <i>Resilience in Action </i>sets out the reasons why businesses invest in disaster risk management and adaptation, the barriers to private-sector investment, the players and partnerships involved, and techniques and strategies for success.
By analysing the factors leading to success, Resilience in Action highlights six recommendations for policy makers and private-sector leaders to consider, which are:
1. Build on a foundation of local engagement and trust.
2. Start small and local, but position for scaling-up and replicating the work.
3. Integrate skill building to maximise community ownership.
4. Build adaptive capacity by strengthening businesses and livelihoods.
5. Create partnerships along—or across—value chains.
6. Find innovative alternatives to traditional infrastructure.
Full details of the findings and recommendations can be accessed in the Resilience in Action report, or in the Summary for Policymakers, which centres on the six lessons outlined above. The set of nine, two-page case studies are included in both.
Becker-Birck, C.; Crowe, J.; Lee, J.; Jackson, S. Resilience in Action: Lessons from Public-Private Collaborations Around the World. Meister Consultants Group, Inc., Boston, USA (2013) 39 pp.