In 2019, under the lead of the General Directorate of Water Resources of the Ministry of Agriculture and Rural Development and with the help of the Vietnam Water Partnership, a series of workshops was organised in Vietnam to define strategic actions for advancing on IWRM. The sessions brought together stakeholders from government agencies, NGOs, development partners, civil society, and research institutions to work on solutions to increase efficiency and sustainable development of water resources. The following action was defined as part of that process and identified as a priority action to be included in an action plan.
The purpose of this action is to create a favourable environment for private sector engagement in disaster risk reduction activities. It aims to achieve this goal by leveraging expertise from the private sector to enhance resilience and advance in disaster risk reduction and mitigation activities. It also aims to promote public private partnerships in disaster risk reduction by analysing the causes of continued non-resilient activities, designing a framework to tackle these issues and developing financial risk-sharing mechanisms.
