Disasters often present numerous negative impacts on the physical, social, environmental and economic facets of an affected community. However, they can also present opportunities for affected communities to build back better than before. The third priority of the Sendai Framework for Disaster Risk Reduction emphasises on “investing in disaster risk reduction for resilience”. The priority 3 is focused on encouraging public and private investment in reducing and preventing disaster risks; utilizing structural and non-structural measures required for enhancing economic, social, health and cultural resilience; stimulating innovation, growth and job creation and; ensuring effective recovery and rehabilitation in the aftermath of disasters.
In this short course, theories on the concept of resilience, and a further look at the practical angles to which the principles of resilience could be applied in communities and implications for investing in disaster risk reduction will be explored. A business case and a wide range of examples to enhance understanding on the benefits, challenges, and approaches for fostering disaster risk reduction investment including public-private partnerships will also be examined.