Promote private-sector participation in building urban resilience
The government response to disasters or emergencies is strengthened by the participation of the private sector in the response. Collaboration with the private sector expands government capabilities and enhances disaster recovery. The purpose of this action is to identify economic activities that may be affected by a disaster and to share responsibility with the private sector for the decision- making process on issues of risk prevention and reduction, performance during emergencies, and reconstruction improvements.
Private sector involvement in the various stages of planning in the event of a disaster (prevention, preparedness, recovery, and reconstruction) improves the response by government, reduces disaster impacts, and accelerates recovery.