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Summary

The factsheet provides information regarding the 3PERM project, supported by USAID’s Office of Foreign Disaster Assistance (OFDA), works to increase disaster awareness and promote PPPs and investment in disaster risk management in Nepal. It aims to increase disaster awareness and promote public-private partnerships and investment in disaster risk management in Nepal. The private sector holds a crucial role in disaster risk reduction, contributing not only to business continuity but also to the resilience of local communities. In countries like Nepal, where natural hazards have significant impacts, public-private partnerships emerge as a promising strategy, surpassing traditional insurance approaches. The interest in these partnerships stems from global catastrophe losses, prompting private institutions and associations, including entities like Rotary clubs in Nepal, to actively participate in concrete initiatives for Disaster Risk Reduction. This involvement extends to various associations and chambers of commerce, fostering private sector engagement in earthquake risk management, ensuring quality construction, promoting disaster awareness, and facilitating the development of business continuity plans.