Implementing climate-resilient development

Disaster risk management and private sector involvement are both important for climate resilience. Improved integration of disaster risk management and climate change adaptation is needed to address current risks while preparing for future challenges. The chapter suggests ways of integrating the two approaches into development planning, focusing on institutions, risk reduction, and financial instruments to reduce the long-term impacts of disasters. The private sector is another important piece in the climate resilience puzzle, given its fundamental role in securing economic growth, and its potential for investing in resilience measures. The second part of the chapter examines how public policy can support private sector climate resilience. Priorities for this include raising awareness, providing data, and ensuring that regulatory frameworks and spending policies are conducive to building resilience.