PSBA MANILA HOME      2nd International DRM Research Colloquium      Concept Note
 

 

                                                             
 

CONCEPT NOTE      

   
         This year’s Research Colloquium was upgraded to include international guests and resource speakers and presenters from our link institutions. The theme of this year’s Research Colloquium is “Disaster Risk Reduction in a Changing Climate towards Business Continuity”.  

        Exposure of people and assets to disasters is on the rise, leading to new risks and increased economic and human losses.   Recent disasters have shown that the effectiveness with which a disaster is managed will depend highly on how much effort has been put in preparedness measures.  The Hyogo Framework for Action states that,  “At times of disasters, impacts and losses can be substantially reduced if authorities, individuals and communities in hazard-prone areas are well prepared and ready to act and are equipped with the knowledge and capacities for effective disaster management”.   Further, Post Hyogo Framework known as Sendai Framework for Disaster Risk Reduction 2015-2030 under section II: Hyogo framework for Action: Gaps identified and Future challenges (7th paragraph) expressed as “There  is  a  need  for  the  public  and  private  sectors  and  civil  society organizations, as well as academia and scientific and research institutions, to work more closely  together  and  to  create  opportunities  for  collaboration,  and  for  businesses  to  integrate  disaster risk into their management practices”. Further, under Paragraph 8 it is stated that, “The international, regional, subregional and transboundary cooperation remains  pivotal  in  supporting  the  efforts  of  states,  their  national  and  local  authorities,  as well as communities  and  businesses,  to  reduce  disaster  risk”. 

        The Sendai Framework aims to achieve over the next 15 years, the substantial reduction of disaster risk and losses in lives, livelihoods and health and in the economic, physical, social, cultural and environmental assets of persons, businesses, communities and countries.

        One of the guiding principles of Sendai Framework emphasizes that “(e) Disaster  risk reduction  and management  depends  on coordination  mechanisms  within and  across  sectors and  with  relevant stakeholders  at  all levels,  and  it requires  the  full engagement of all State institutions of an executive and legislative nature at national and local levels and a clear articulation of responsibilities across public and private stakeholders, including business and academia, to ensure mutual outreach, partnership, complementarities in roles and accountability and follow-up”. 
 
      Finally to achieve the national and local levels goals it is important to mainstream  and  integrate  disaster  risk  reduction  within  and  across  all  sectors  and  review and promote the coherence and further development, as appropriate, of national and local frameworks of laws, regulations and public policies, which, by defining roles and responsibilities, guide the public and private sectors in: (i) … (ii) promoting  and  providing  incentives,  as  relevant,  for  actions  by  persons,  households,  communities  and  businesses;…(iv)…

        The Sendai Framework priority 3: Investing in Disaster risk reduction for resilience read as “… (o) To  increase  business  resilience  and  protection  of  livelihoods  and  productive  assets  throughout  the  supply  chains,  ensure  continuity  of  services  and  integrate  disaster  risk  management into business models and practices”. Further to achieve global and regional resilient level under priority 3: “…(b) To  promote  the  development  and  strengthening  of  disaster  risk  transfer  and  sharing  mechanisms  and  instruments  in  close  cooperation  with  partners  in  the  international  community, business, international financial institutions and other relevant stakeholders…(i) To promote and support collaboration among relevant public and private stakeholders to enhance the resilience of business to disasters…”

        Under the role of Stakeholders: …(c)     Business,  professional  associations  and  private  sector  financial  institutions,  including  financial  regulators  and  accounting  bodies,  as  well  as  philanthropic  foundations,  to  integrate  disaster  risk  management,  including  business  continuity,  into  business  models  and  practices  through  disaster-risk-informed  investments,  especially  in  micro,  small  and  medium-sized  enterprises;  engage  in  awareness-raising  and  training  for  their  employees  and  customers;  engage  in  and  support  research  and  innovation,  as  well  as  technological  development  for  disaster  risk  management;  share  and  disseminate  knowledge,  practices  and non sensitive data; and actively participate, as appropriate and under the guidance of the  public  sector,  in  the  development  of  normative  frameworks  and  technical  standards  that incorporate disaster risk management.”
        The Philippines is a disaster-prone country; as such, it is empirical that all sectors develop their disaster management and risk reduction strategies.  Disasters can severely impact private and public firms. While having a business continuity plan is an effective solution   to mitigate damage to operations and image when disasters hit, proactive strategies to reduce the risk of disasters are essential to ensure long-term competitiveness and sustainability.  Hence, engagement in disaster risk reduction activities is vital. Disaster risk reduction strategy needs to be integrated in standard business solutions, together with measures to adapt to climate change variability and economic challenges.  Investing in disaster risk reduction ensures business continuity, safeguards long-term investments, and provides protection to individuals, communities and environments.

        The theme of the Research Colloquium is also in line with the celebration of the International Day for Disaster Reduction on 13 October which aims to create awareness and recognition of the importance of disaster risk reduction in building resiliency towards sustainable development.

 
 
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