World Economic Forum, member companies, and UN pioneer two new initiatives supporting humanitarian emergency relief - Agility, TNT and UPS to contribute 'Logistics Emergency Teams' in natural disaster zones World Economic Forum and UN create 'Guiding Principles' for humanitarian relief sector.
Davos, Switzerland, 25 January 2008 - The World Economic Forum, member companies, and the United Nations today launched two initiatives to facilitate further and deeper private sector support to humanitarian relief operations.
In September 2007, the European Union announced a Global Climate Change Alliance to help poor countries prepare for natural disasters and 'climate proof' development and poverty reduction strategies, including through the use of systematic climate risk assessment tools. However, even with the growth in costs and opportunities associated with disasters, the private sector has remained engaged in resilience through specific projects rather than comprehensive, industry or cross industry-wide initiatives.
This report examines global risks for 2008
from a range of perspectives. It focuses on four emerging issues that shape
the global risk landscape, namely systemic financial risk, food security,
supply chains and the role of energy.