Overcoming disaster economic losses: integrating risk and hazard information in public and private investment

Organized by:
Coordination Center for the Prevention of Disasters in Central America and the Dominican Republic (CEPREDENAC)
Caribbean Development Bank (CDB)

 11:00-12:00 GMT-5
 2 November 2021
 Parallel session 3
 Virtual

This highly interactive and discussion-rich session will look at integrating risk and hazard information in public and private investments. Enhanced disaster preparedness and the ability to build back better are driven by the relevant risk and hazard information that allows informed decisions to be made. Consequently, integrating hazard and risk information in public and private investment programming is essential for reducing risks and losses, overcoming business disruption and re-establishing economies when affected by a disaster. The implementation of risk-informed systemic strategies and plans at the country and business levels are of utmost importance to aspire to a resilient sustainable development in the Americas and the Caribbean. 

The session will include panel discussions and interactive methods to achieve the following:

• Provide participants with a better understanding of risk and hazard information needed to aid decision-making.
• Provide participants with methodologies on integrating hazard and risk information in decision-making and resilient investments.

Moderator

Zoila Navarro Portocarrero
Disaster Risk Management Specialist, World Bank

Panelists

Claudia Herrera Melgar
Executive Secretary, Coordination Center for the Prevention of Disasters in Central America and the Dominican Republic

Lennox O’Reilly Lewis
Head of the Economic Infrastructure Division, at CDB, Caribbean Development Bank

Sergio Pengel
Founder, PIEDATA 

Dante Arenas Caruti
Economic Affairs Assistant, Economic Commission for Latin America and the Caribbean (ECLAC)