UNISDR: Private sector partnership for risk sensitive investment (PSP-R!SE)

Background

I. PSP: created in 2011 to engage the private sector in disaster risk reduction

II. R!SE: built on the recommendations of GAR13 to provide an implementation mechanism for private sector engagement

III. PSP/R!SE: a consolidated vehicle for the private sector to support implementation of the SFDRR

Create strong Public Private Partnerships to drive DRR and resilience at the national and local level

Promote resilience in the Built Environment through minimum regulatory standards and optimal voluntary commitments

Work to make all public and private investment decisions risk-sensitive

Support a resilience-sensitive public and resilience-sensitive business that drive each other towards resilient societies

Aims at making the identification and disclosure of risks carried and their proactive management a standard business practice

PSP: 5 Private Sector Visions to improve DRR and resilience

PSP created in 2011, is a voluntary group of 98 businesses from 39 countries that work with UNISDR to drive solutions for resilient and disaster risk-sensitive private sector activities.

PSP members range from local to global firms and cover diverse sectors including engineering, health care, construction, IT and insurance.

PSP members contribute to UNISDR’s mission to enhance resilience and further disaster risk reduction by bringing their knowledge of risk anticipation, risk management expertise and business initiatives in disaster mitigation.

PSP: Private Sector Partnership

R!SE aims to make all investments disaster risk-sensitive

A multi-sectorial partnership for disaster risk-sensitive investment structured around 8 Activity Streams

Projects and initiatives to generate shared value

R!SE Trust Fund under UNISDR management and UNOPS operation

In-kind and financial resources contributed by private sector, foundations and donors

Launched in May 2014, R!SE has achieved momentum

•Developed as a programme to implement the recommendations of GAR13 Creating shared value: the business case for DRR

•Global launch May 2014 in New York by the Deputy Secretary-General of the United Nations

•National level launches in USA (2), Brasil, Peru, Colombia, Philippines and Japan

• Growing project portfolio, Trust Fund operational,

• PwC, AECOM, Willis Re. FIU, Economist Intelligence Unit, PRI, AXA, Citibank, NTT, Nissan, Walmart , BMZ and many others

Origins and launch

Commitments

Achievements

Going Forward…

PSP-R!SE Mission Statement:

“To energise the private sector in collaboration with the public sector and other stakeholders to achieve the targets of the Sendai Framework for Disaster Risk Reduction in a transparent and inclusive way to deliver local and measurable impact”.

Themes

Structure