ABSTRACT
In many economies globally, the private sector creates significant employment and economic activity, and consequently has significant influence over the way disaster risk is borne and transacted in society. This chapter explores the relationship between the private sector and disaster risk reduction (DRR) including climate change adaptation (CCA) through three lenses. The first lens provides an examination of the way that private sector organisations assess and respond to the risks they face from natural hazards and hazard drivers, including climate change. The second lens examines the role of private sector investment in creating or exacerbating disaster risk for the communities with whom they interact. Finally, the third lens provides a view of the way the private sector can and does consciously work on DRR. This is then followed by a discussion of the various ways the public sector can manage and enhance the role the private sector plays in DRR, including CCA.
