Swiss Re, ICRC: addressing complex relief efforts through partnership

At the WEF 2014 Annual Meeting, Swiss Re and the ICRC call for better risk management to address complex emergencies and secure a path to long-term growth.

Wherever natural disasters strike, local communities pay a high price – not just in lives, livelihoods and human suffering – but also in terms of economic loss and ability to recover. During the World Economic Forum in Davos, Swiss Re has joined forces with the International Committee of the Red Cross (ICRC) - also 150 years of addressing risk, hosting a breakfast to discuss the path to more effective risk preparation measures.

While much is being done already – as can be seen in both Mexico after hurricanes Ingrid and Manuel, and the Philippines after typhoon Haijan - more is needed.  The problem is how to finance and mobilize complex relief efforts as these events become more intense and more frequent.

The question is whether integrated risk management practices also can make a practical difference to high risk communities, taking the full spectrum of environmental, social and health risks into account? 

The event hosts, Swiss Re Group CEO Michel Liès and ICRC president Peter Maurer, called for urgent action to come up with news ways of collaboration, and functional tool-sets that not only secure the path from relief and recovery, but also pave the way for long-term growth and development.  Watch their call to action below.

Published 23 January 2013

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