London, 25 June 2014 – The International Insurance Society hosted a “Financial and Private Sector Disaster Resilience Global Summit” for 500 insurance and business leaders to discuss how to integrate the business sector and financial system within the new global framework on disaster risk reduction which will succeed the current Hyogo Framework for Action in March, 2015.
Keynote speaker, HRH Prince Charles, said he hoped that “everyone concerned now really sees that the process of revising the Hyogo Framework offers an important opportunity to build on and accelerate the significant progress made in disaster risk reduction in the last ten years. There is a pressing need for a revised framework that can guide the targets and commitments that have to be made in the sustainable development goals and climate change agreements. In fact it can be an important bridge between the SDGs and the UNFCCC and a critical reinforcement.”
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