Experts emphasised improving disaster risk management skills to mitigate losses and damages from accidents and ensure sustainable economic growth.
While addressing the launching ceremony of Bangladesh’s first ever Private Sector Emergency Operation Center (PEOC) in Dhaka on Tuesday, they also stressed the need for coordination among industries at policy level.
State Minister for Disaster Management and Relief Dr. Enamur Rahman was the chief guest at the launching ceremony of the PEOC.
He emphasised improving skills of disaster risks management for sustainable economic development, attracting investment and handling disaster risks skillfully.
“The recovery centre at Dhaka chamber will help us formulate an informed policy and make timely decisions driven by the data,” he said.
The state minister also informed that the ministry initiated a state of the art national emergency operation centre that will help create database and provide required assistance. Robotics Club of Brac University demonstrated an artificial intelligence-based rover titled “BracU Duburi” that can support in rescue under water during natural calamities.
Ambassador of Philippines Alan L Deniega and ECHO Bangladesh Head Anna Orlandini also attended the event. DCCI President Rizwan Rahman made a presentation on the PEOC.
In his speech, DCCI President said that disasters like earthquake, fire or chemical explosions can have far-reaching consequences on sustainability of the enterprises.
He called for proven and institutional financing techniques to mitigate disaster risks and its consequences on businesses.
“The government can ensure debt instruments- bond, grant and transfers, PPP-based financing, securitisation, blended financing and low-cost bank borrowing under a refinancing scheme to transfer massive risks of affected businesses,” he said.
Ambassador of the Philippines in Dhaka Alan L Deniega said his country allocates five percent of their total budget in disaster risks management.
“Philippines established the first ever private sector emergency operation centre in the world in 2018. As a victim of natural calamities like cyclone, typhoon, the Philippines and Bangladesh have similar experiences. We can share knowledge on improving the system,” he said.
The envoy said both public and private sectors should come forward and work together for the improvement of capacity in disaster risks management.
ECHO Bangladesh Head Anna Orlandini said that the linkage between national disaster management system and private sector are very crucial for securing a sustainable future.