Disaster resilience: the private sector has a vital role to play

Governments alone cannot ensure the resilience cities need to cope with superstorms like Sandy, business must scale up technology to prevent and respond to disasters, writes Albert Cho, vice president for strategy and business development at Xylem, the global water technology company, for the Guardian.



First, the private sector can apply the innovation that brought us the "Internet of Everything" to upgrade early warning capabilities, he writes. Second, companies can help to "harden" infrastructure, improving the speed of recovery after disasters strike, he continues. Finally, businesses can also develop new financial models to help cities more efficiently manage risk.
http://www.theguardian.com/sustainable-business/disaster-resilience-private-sector-role