Private sector ‘falling short’ on disaster resilience, UN warns
Private investment in risky areas is tempting disaster, UN report says
The inability of private sector institutions to appreciate disaster risk is storing up trouble for the future, a new UN report warns.
The latest Global Assessment Report on Disaster Risk Reduction, published this month, points out that private sector capital investment represents 85% of total investment worldwide –, and warns that private investors have systematically ignored disaster risk.
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