THEMATIC SESSIONS

Thursday,July6,8:45- 10:15a.m.,Legazpi

Ballroom,MakatiDiamondResidences

Session6:DisasterResilience:"ESG+R:Think Resilience"

Direct and indirect financial losses caused by disasters are rising disasters generate significant economic and social shocks. It is estimated that global investments of EUR 1.6tr in appropriate DRR strategies could help stave off losses of EUR 6.54tr. However, the current level of resilient investments does not match the scale of the challenges. The private sector and other stakeholders have been integrating ESG criteria into their work. The negative financial impact of the pandemic signals the need to address risks through initiatives such as the followin development of targeted DRR strategies; a “Think Resilience approach to all investments; targeted investment in resilien infrastructure; aligning strategies, operations, activities wit the Sendai Framework. The session discusses gaps, barrier opportunities, and enabling factors to facilitate and scale u investments in resilience, which ensure that people and th planet are put on the forefront.

Speakers: