Bridging the Gap Between Physical & Financial Resilience Solutions for Housing & Business Sectors
Linking physical risk reduction efforts with financial mechanisms can have many benefits. It can reduce government’s financial burden in post-disaster housing and business recovery, improve the sustainability of risk management initiatives, and encourage private investments. Why then do many interventions fail to bridge this gap, providing only siloed solutions that focus solely on physical risk reduction or financial resilience? In this session, we: Explore countries’ experiences and challenges in developing a resilient building stock. Highlight private sector perspectives and initiatives that can bolster governments’ efforts. Discuss how to effectively bring together private and public sectors in implementing a building retrofit program. Introduce the World Bank/GFDRR Disaster and Climate Adaptation Financing Facility (DCAFF) that aims to address the gaps that impede more comprehensive resilience measures.
Organized by: GFDRR/World Bank and Howden Group
