This study explores how public finance can be better used to stimulate
private sector engagement in building disaster resilience and
preparedness for the risks posed by natural catastrophes and climate
change. Through four detailed country case studies (focusing on
Bangladesh, Kenya, Mozambique and Pakistan), coupled with global
research including public and private consultation, this report details
what the private sector needs in order to overcome constraints to its
engagement and investment in building resilience.
As part of this research, the effectiveness of existing resilience
focused publicfinance programmes that aim to stimulate private sector
action has been reviewed. This report also draws out lessons learned on
engaging business from wider private sector development focused
initiatives. Finally, it assesses the gaps in existing efforts and
proposes a framework of action through which public finance can be used
to scale up private sector engagement and investment. The
recommendations cover how existing initiatives might be adjusted to
improve their effectiveness, and whether a new mechanism is required to
stimulate enhanced private sector action.
PricewaterhouseCoopers. Stimulating private sector engagement and investment in building disaster resilience and climatechange adaptation. Recommendations for public finance support. Executive Summary. PricewaterhouseCoopers, London, UK (2013) 31 pp.