Stimulating private sector action in Disaster Risk Reduction and Climate Change Adaptation
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Stimulating private sector action in Disaster Risk Reduction and Climate Change Adaptation.
The impacts of disasters and climate change are felt most acutely in developing countries .To ‘climate-proof’ the Millennium Development Goals (MDGs) in Africa alone would cost an estimated US 100 billion a year for the next decade. Public funds alone cannot achieve this and the private sector faces too many investment barriers; collaborative action is therefore critical. Through detailed country case studies in Bangladesh, Kenya, Mozambique and Pakistan this report explores the potential for a private sector-led, resilience-building transformation in some of the poorest and most vulnerable countries, and how public finance mechanisms can initiate and support this.
Published: 28 April 2014