This new UN report explores why increasing disaster risks represent a growing problem for the economic & business community and provides a review of practices that can reduce their risk of disaster loss. It is based on review of disaster losses in 56 countries.

The third edition of the United Nations Global Assessment Report on Disaster Risk Reduction (GAR) is a resource for understanding and analysing global disaster risk today and in the future. It explores why increasing disaster risks represent a growing problem for the economic and business community at different scales and examines how paradoxically business investments that aimed to strengthen competitiveness and productivity may have inadvertently contributed to increasing risk. The report seeks to engage businesses in a dialogue on disaster risk management that goes beyond the current emphasis on response and preparedness and instead identifies opportunities for the creation of shared value for business and society. It offers businesses as well as investors for the first time a review of practices that can reduce their risk of disaster loss. The GAR 2013 explores how businesses, by investing in disaster risk management, can reduce costs and interruptions represented by disaster losses and impacts; how performance and reputation can also be enhanced by minimising uncertainty and unpredictability; why effectively managing disaster risks should be the hallmark of a competitive, sustainable and resilient business; and why a broader approach to business value creation that also addresses underlying drivers of risk is required. It highlights the interdependence of the public and private sectors and why business competitiveness, sustainability and resilience will also depend on governments’ ability to manage disaster risk through effective policies.

See Also

Report: Global risks 2013.

Feature: Inheritance of loss.

Opinion: Six sins that make drought...

Report: Global assessment report on disaster risk reduction 2011.

Report: The approach for understanding disaster and climate risk in cities.

Report: World risk report 2012.

Report: Asia-Pacific disaster report 2012

Report: Making cities resilient report.

Report: Toward resilience.

Attachment(s):