Dr Kit Miyamoto, CEO of Miyamoto International Inc, a global hazard and disaster risk firm, says that the key is really how to bring back private sector investment to boost disaster resilience.
As climate change and global temperature rise become rampant with far-reaching consequences, widespread future disruptions to the economies and human lives are inevitable. Experts and leaders working in the sphere of building a country’s resilience against such disruptions believe that there is a greater need for participation from the private sector in building disaster resilience in India and the world.
Though the government has a role in disaster risk assessment and climate change, the private sector also has a significant role, since 90 per cent of the environmental assets is built privately. Dr Kit Miyamoto, CEO of Miyamoto International Inc, a global hazard and disaster risk firm believes that disaster risk assessment may not entail large-scale investments but helping people prepare, through initiatives like early warning systems and training people on how to evacuate, which are part of it.
Miyamoto International has been working across geographies hit by climate change, including Haiti, Nepal, and Indonesia.
About the Author
Dr. Miyamoto is a world-leading expert in disaster resiliency, response and reconstruction. He provides expert engineering and policy consultation to the World Bank, USAID, UN agencies and governments. He is also the Chairman for the California Seismic Safety Commission.