Building Resilience for All Rat her than Avoiding Risk for Some
GARI has collaborated with ARISE, the United Nations Disaster Risk Reduction (UNDRR) vehicle for encouraging public-private collaboration in disaster risk reduction, to bring focus to issues of equitable disaster recovery.
It is now well-established that disasters have a disproportionate impact on socially and historically marginalized populations. In the United States and in other countries, marginalized communities are more likely to live in areas that are vulnerable to climate change impacts, such as poorly connected rural areas, the wildland-urban interface, coastal regions, and areas prone to flooding and extreme weather events and often have fewer resources and less access to financial assistance and insurance to recover from disaster impacts. These systemic disparities often result in exacerbated social and economic vulnerabilities, especially among older adults, people with disabilities, children, women, LGBTQQIA+, and unhoused people.
This discussion will focus on what incentives and structures can best help attract private sector capital, and will highlight specific cases and initiatives that create equity in disaster resilience finance. We will feature leaders from Africa, Asia Latin America and the U.S.
Michael Rellosa, Philippine Insurers and Reinsurers Association
(1) Lauren Burnhill, One Planet Ventures
(2) Lisa Davis, PGIM Real Estate
(3) Jessica Jacob, Sureco & Partners
(4) Andrew Eil, Tata Consultancy Services (TCS), as moderator
(1) Joyce Coffee, Climate Resilience Consulting
(2) Lori Collins, GARI