Federation of Indian Chambers of Commerce and Industry (FICCI) signed a Memorandum of Understanding (MoU) with Asian Disaster Preparedness Centre (ADPC) to promote disaster risk management in the private sector on May 17, 2019 in Geneva. As per the MoU, FICCI and ADPC will cooperate on a range of issues, including promotion of Disaster Risk Management (DRM) in the private sector along with development and sharing of Disaster Risk Reduction (DRR) technical expertise through mutually identified means and modalities.
The agreement outlines the framework of cooperation between the two bodies to promote DRM by corporate sector to contribute to own and societal resilience with the prime objective of developing disaster risk management related capacities. It also aims to encourage corporations and commercial entities to undertake actions for own and societal resilience, developing and delivering Prioritized Training Courses and promoting DRM knowledge, experience sharing and forming joint projects.
The memorandum was signed under the umbrella of ARISE India. ARISE India network is part of Global ARISE Network of the United Nations Office for Disaster Risk Reduction (UNDRR) and FICCI is the secretariat since March 18, 2019.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content