Private Sector Investment Decisions In Building And Construction: Increasing, Managing And Transferring Risks - URBAN FUTURES & POLICY

Private Sector Investment Decisions In Building And Construction: Increasing, Managing And Transferring Risks

urban resilience

Private sector investment decisions in building and construction: increasing, managing and transferring risks

year 2012-2013

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
āđ‚āļ„āļĢāļ‡āļāļēāļĢāļĻāļķāļāļĐāļēāļāļēāļĢāļ•āļąāļ”āļŠāļīāļ™āđƒāļˆāđƒāļ™āļāļēāļĢāļĨāļ‡āļ—āļļāļ™āļ‚āļ­āļ‡āļ āļēāļ„āđ€āļ­āļāļŠāļ™āđƒāļ™āļ­āļļāļ•āļŠāļēāļŦāļāļĢāļĢāļĄāļŠāļīāđˆāļ‡āļ›āļĨāļđāļāļŠāļĢāđ‰āļēāļ‡āđāļĨāļ°āļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡
: āļāļēāļĢāđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™ āļāļēāļĢāļˆāļąāļ”āļāļēāļĢāđāļĨāļ°āļāļēāļĢāđ‚āļĒāļāļĒāđ‰āļēāļĒāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡
āļ›āļĩ āļž.āļĻ.2555-2556

(āļŠāļģāļŦāļĢāļąāļšāļ āļēāļĐāļēāđ„āļ—āļĒ āļāļĢāļļāļ“āļēāđ€āļĨāļ·āđˆāļ­āļ™āļĨāļ‡)
The Concept Paper for the fourth session of the Global Platform for DRR (UNISDR, 2012) states that around 85% of all investments worldwide stem from the private sector, including companies but also small and medium enterprises and individual investors. Much of this investment goes into construction projects. The private sector therefore has been identified as playing an important role in helping to incorporate DRR into the development (and redevelopment) of communities across the world.The UNISDR 2013 Global Assessment Report seeks to investigate how private investment can become a vehicle for risk reduction and aims to present policy research on the business case for investing in disaster risk reduction (DRR).

This background paper for the 2013 Global Assessment Report aims, firstly, to make the case about how the private sector investments in building and construction are increasing levels of disaster risks, to understand what are the causes behind this, and to explore what this means for governments or other sectors of society who bear the burden of this risk. Secondly, this paper aims to explore new methods, incentives, regulations and examples of how private sector can/is contributing to risk reduction in the built environment.

The research is based on four commissioned case studies from: Bangladesh (Dhaka), Nigeria (Lagos), Thailand (Bangkok), and the United Kingdom. It will draws together evidence about the influence of the private sector on development decisions, within the context of regulatory frameworks, governance, and the larger political economy of development. The commissioned case studies are complemented by a review of literature from the fields of Construction Management, Disasters and the Built Environment and Urban Development.

(āļ‰āļšāļąāļšāļ āļēāļĐāļēāđ„āļ—āļĒ)
āđ‚āļ„āļĢāļ‡āļāļēāļĢāļ™āļĩāđ‰āđ€āļ›āđ‡āļ™āļāļēāļĢāđ€āļ•āļĢāļĩāļĒāļĄ concept paper āđƒāļŦāđ‰āļāļąāļšāļāļēāļĢāļ›āļĢāļ°āļŠāļļāļĄ Global Platform for DRR āđ€āļžāļ·āđˆāļ­āļāļēāļĢāļĨāļ”āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āļ—āļēāļ‡āļ āļąāļĒāļžāļīāļšāļąāļ•āļī āļ„āļĢāļąāđ‰āļ‡āļ—āļĩāđˆ 4 (UNISDR, 2012) āđ„āļ”āđ‰āļĢāļ°āļšāļļāđ„āļ§āđ‰ āļāļēāļĢāļĨāļ‡āļ—āļļāļ™āļˆāļēāļāļ āļēāļ„āļŠāđˆāļ§āļ™āđ€āļ­āļāļŠāļ™āđƒāļ™āļĢāļ°āļ”āļąāļšāļŠāļēāļāļĨ āļ™āļąāđ‰āļ™āļĄāļĩāļ–āļķāļ‡ āļĢāđ‰āļ­āļĒāļĨāļ° 85 āļ‹āļķāđˆāļ‡āļĢāļ§āļĄāļ–āļķāļ‡āļšāļĢāļīāļĐāļąāļ—āļ—āļĩāđˆāļĄāļĩāļ‚āļ™āļēāļ”āđ€āļĨāđ‡āļāļ–āļķāļ‡āļ‚āļ™āļēāļ”āļāļĨāļēāļ‡ āđāļĨāļ°āļ™āļąāļāļĨāļ‡āļ—āļļāļ™āļ­āļīāļŠāļĢāļ° āđ‚āļ”āļĒāļāļēāļĢāļĨāļ‡āļ—āļļāļ™āđ€āļŦāļĨāđˆāļēāļ™āļĩāđ‰āļŠāđˆāļ§āļ™āļĄāļēāļāđ€āļāļĩāđˆāļĒāļ§āļāļąāļšāļ­āļļāļ•āļŠāļēāļŦāļāļĢāļĢāļĄāļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡āļ”āļąāļ‡āļ™āļąāđ‰āļ™āļ āļēāļ„āļŠāđˆāļ§āļ™āđ€āļ­āļāļŠāļ™āļˆāļķāļ‡āđ„āļ”āđ‰āļ–āļđāļāļāļģāļŦāļ™āļ”āļ§āđˆāļēāđ€āļ›āđ‡āļ™āļœāļđāđ‰āļĄāļĩāļšāļ—āļšāļēāļ—āļ—āļĩāđˆāļŠāļģāļ„āļąāļāđƒāļ™āļāļēāļĢāļ™āļģāđāļ™āļ§āļ„āļīāļ”āļāļēāļĢāļĨāļ”āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āļ—āļēāļ‡āļ āļąāļĒāļžāļīāļšāļąāļ•āļī āļŦāļĢāļ·āļ­ DRR āđ€āļ‚āđ‰āļēāđ„āļ›āļŠāļđāđˆāļāļēāļĢāļžāļąāļ’āļ™āļē āļŦāļĢāļ·āļ­ āļāļēāļĢāļŸāļ·āđ‰āļ™āļŸāļđāļŠāļļāļĄāļŠāļ™āļ•āđˆāļēāļ‡āđ† āđƒāļ™āļĢāļ°āļ”āļąāļšāļŠāļēāļāļĨ āļ”āļąāļ‡āļ™āļąāđ‰āļ™āļĢāļēāļĒāļ‡āļēāļ™āļāļēāļĢāļ›āļĢāļ°āđ€āļĄāļīāļ™āļ‚āļ­āļ‡ UNISDR āļ›āļĩ 2013 āļ™āļĩāđ‰āđ„āļ”āđ‰āļ—āļģāļāļēāļĢāļĻāļķāļāļĐāļēāļ–āļķāļ‡āļāļēāļĢāļĨāļ‡āļ—āļļāļ™āļ‚āļ­āļ‡āļ āļēāļ„āđ€āļ­āļāļŠāļ™ āļ§āđˆāļēāļˆāļ°āļŠāļēāļĄāļēāļĢāļ–āđ€āļ›āđ‡āļ™āļāļĨāđ„āļāļĨāđƒāļ™āļāļēāļĢāļ‚āļąāļšāđ€āļ„āļĨāļ·āđˆāļ­āļ™āđƒāļ™āļāļēāļĢāļĨāļ”āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āđāļĨāļ°āđ€āļ›āđ‡āļ™āļāļēāļĢāļ™āļģāđ€āļŠāļ™āļ­āļ‡āļēāļ™āļ§āļīāļˆāļąāļĒāļ”āđ‰āļēāļ™āļ™āđ‚āļĒāļšāļēāļĒāļ§āđˆāļēāļ āļēāļ„āļŠāđˆāļ§āļ™āđ€āļ­āļāļŠāļ™āļˆāļ°āļŠāļēāļĄāļēāļĢāļ–āļĄāļĩāļ•āļąāļ§āļ­āļĒāđˆāļēāļ‡āđƒāļ™āļāļēāļĢāļĨāļ‡āļ—āļļāļ™āđ€āļžāļ·āđˆāļ­āļĨāļ”āļœāļĨāļāļĢāļ°āļ—āļšāļˆāļēāļāļ āļąāļĒāļžāļīāļšāļąāļ•āļīāđ„āļ”āđ‰āļ­āļĒāđˆāļēāļ‡āđ„āļĢ

āđ‚āļ„āļĢāļ‡āļāļēāļĢāļ™āļĩāđ‰āļĄāļĩāđ€āļ›āđ‰āļēāļŦāļĄāļēāļĒāđ€āļžāļ·āđˆāļ­ āļŠāļĢāđ‰āļēāļ‡āļāļĢāļ“āļĩāļĻāļķāļāļĐāļēāļ—āļĩāđˆāļ āļēāļ„āđ€āļ­āļāļŠāļ™āļĄāļĩāļŠāđˆāļ§āļ™āđƒāļ™āļāļēāļĢāđ€āļžāļīāđˆāļĄāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āļˆāļēāļāļ āļąāļĒāļžāļīāļšāļąāļ•āļīāļˆāļēāļāļāļēāļĢāļĨāļ‡āļ—āļļāļ™āđƒāļ™āļŠāļīāđˆāļ‡āļ›āļĨāļđāļāļŠāļĢāđ‰āļēāļ‡āļŦāļĢāļ·āļ­āļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡ āđ€āļžāļ·āđˆāļ­āļ—āļģāļ„āļ§āļēāļĄāđ€āļ‚āđ‰āļēāđƒāļˆāļŠāļēāđ€āļŦāļ•āļļāļ‚āļ­āļ‡āļŠāļīāđˆāļ‡āđ€āļŦāļĨāđˆāļēāļ™āļĩāđ‰ āđāļĨāļ°āļŠāļģāļĢāļ§āļˆāļ–āļķāļ‡āļ—āļąāļĻāļ™āļ„āļ•āļīāļ‚āļ­āļ‡āļ—āļēāļ‡āļ āļēāļ„āļĢāļąāļāļŦāļĢāļ·āļ­āļ āļēāļ„āļŠāđˆāļ§āļ™āļ­āļ·āđˆāļ™āđ† āļ‚āļ­āļ‡āļŠāļąāļ‡āļ„āļĄāļ—āļĩāđˆāļ•āđ‰āļ­āļ‡āđ€āļ›āđ‡āļ™āļœāļđāđ‰āđāļšāļāļĢāļąāļšāļāļąāļšāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āđ€āļŦāļĨāđˆāļēāļ™āļĩāđ‰ āļ™āļ­āļāđ„āļ›āļˆāļēāļāļ™āļąāđ‰āļ™āđ‚āļ„āļĢāļ‡āļāļēāļĢāļ™āļĩāđ‰āļĒāļąāļ‡āļĄāļļāđˆāļ‡āļ„āđ‰āļ™āļŦāļēāļ§āļīāļ˜āļĩāļāļēāļĢāđƒāļŦāļĄāđˆ āļŠāļīāđˆāļ‡āļˆāļđāļ‡āđƒāļˆ āļāļŽāļĢāļ°āđ€āļšāļĩāļĒāļš āđāļĨāļ° āļ•āļąāļ§āļ­āļĒāđˆāļēāļ‡āļ—āļĩāđˆāļ āļēāļ„āđ€āļ­āļāļŠāļ™āļŠāļēāļĄāļēāļĢāļ–āļĄāļĩāļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­āđ„āļ”āđ‰āļĄāļĩāļŠāđˆāļ§āļ™āđāļĨāđ‰āļ§āđƒāļ™āļāļēāļĢāļŠāđˆāļ§āļĒāļĨāļ”āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āļˆāļēāļāļ āļąāļĒāļžāļīāļšāļąāļ•āļīāļˆāļēāļāļŠāļīāđˆāļ‡āļ›āļĨāļđāļāļŠāļĢāđ‰āļēāļ‡

āđƒāļ™āļāļēāļĢāļ§āļīāļˆāļąāļĒāļˆāļ°āļĄāļĩāļāļēāļĢāļĒāļāļ•āļąāļ§āļ­āļĒāđˆāļēāļ‡āļāļĢāļ“āļĩāļĻāļķāļāļĐāļēāđ€āļĢāļ·āđˆāļ­āļ‡āļ™āļĩāđ‰āļĄāļēāļ­āļĒāļđāđˆ 4 āđ€āļĄāļ·āļ­āļ‡ āļ­āļąāļ™āđ„āļ”āđ‰āđāļāđˆ āļāļĢāļļāļ‡āļ˜āļēāļāļē āļ›āļĢāļ°āđ€āļ—āļĻāļšāļąāļ‡āļāļĨāļēāđ€āļ—āļĻ, āļāļĢāļļāļ‡āļĨāļēāļāļ­āļŠ āļ›āļĢāļ°āđ€āļ—āļĻāđ„āļ™āļˆāļĩāđ€āļĢāļĩāļĒ, āļāļĢāļļāļ‡āđ€āļ—āļžāļĄāļŦāļēāļ™āļ„āļĢ āļ›āļĢāļ°āđ€āļ—āļĻāđ„āļ—āļĒ āđāļĨāļ°āļŠāļŦāļĢāļēāļŠāļ­āļēāļ“āļēāļˆāļąāļāļĢ āļ‹āļķāđˆāļ‡āļāļēāļĢāļĻāļķāļāļĐāļēāđ€āļŦāļĨāđˆāļēāļ™āļĩāđ‰āļˆāļ°āļ™āļģāļĄāļēāļŠāļđāđˆāđ€āļĢāļ·āđˆāļ­āļ‡āļ‚āļ­āļ‡āļ­āļīāļ—āļ˜āļīāļžāļĨāļ‚āļ­āļ‡āļ āļēāļ„āđ€āļ­āļāļŠāļ™āļ—āļĩāđˆāļĄāļĩāļ•āđˆāļ­āļāļēāļĢāļžāļąāļ’āļ™āļē āļ āļēāļĒāđƒāļ•āđ‰āļšāļĢāļīāļšāļ—āļ—āļēāļ‡āļ”āđ‰āļēāļ™āļāļŽāļĢāļ°āđ€āļšāļĩāļĒāļšāļ•āđˆāļēāļ‡āđ† āļāļēāļĢāļ›āļāļ„āļĢāļ­āļ‡ āđāļĨāļ° āđ€āļĻāļĢāļĐāļāļĻāļēāļŠāļ•āļĢāđŒāļāļēāļĢāđ€āļĄāļ·āļ­āļ‡āļžāļąāļ’āļ™āļē āļāļĢāļ“āļĩāļĻāļķāļāļĐāļēāļ—āļĩāđˆāđ„āļ”āđ‰āļ–āļđāļāđ€āļĨāļ·āļ­āļāļĄāļēāļ™āļąāđ‰āļ™ āļĄāļēāļˆāļēāļāļāļēāļĢāļ—āļšāļ—āļ§āļ™āļ§āļĢāļĢāļ“āļāļĢāļĢāļĄāđƒāļ™āļāļĢāļ­āļšāļ‚āļ­āļ‡ āļāļēāļĢāļˆāļąāļ”āļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡ āļ āļąāļĒāļžāļīāļšāļąāļ•āļīāđāļĨāļ°āļŠāļīāđˆāļ‡āļ›āļĨāļđāļāļŠāļĢāđ‰āļēāļ‡ āđāļĨāļ°āļāļēāļĢāļžāļąāļ’āļ™āļēāđ€āļĄāļ·āļ­āļ‡

Research Team

Dr. Cassidy Johnson (āļ”āļĢ.āļ„āļēāļĢāđŒāļ‹āļīāļ”āļĩāđ‰ āļˆāļ­āļ™āļŦāđŒāļŠāļąāļ™)

Faculty of the Built Environment, University College London

Dr. Ibidun Adelekan (āļ”āļĢ. āļ­āļīāļšāļīāļ”āļļāļ™ āļ­āļ°āđ€āļ”āđ€āļĨāļ„āļēāļĢāđŒ)

Faculty of the Social Sciences, University ofIbadan

Dr. Lee Bosher (āļ”āļĢ.āļĨāļĩ āđ‚āļšāđ€āļŠāļ­āļĢāđŒ)

School of Architecture, Building and Civil Engineering, Loughborough University

Asst.Prof. Huraera Jabeen (āļœāļĻ.āļ”āļĢ. āļŪāļđāđ„āļĢāļĢāļē āļˆāļēāļšāļĩāļ™)

Department of Architecture, Brac University

Dr. Shailesh Kataria (āļ”āļĢ.āļŠāļēāļĢāđŒāđ€āļĨāļŦāļ‹āđŒ āļ„āļēāļ•āļēāđ€āļĢāļĩāļĒ)

Assoc.Prof. Wijitbusaba Marome (āļĢāļĻ.āļ”āļĢ. āļ§āļīāļˆāļīāļ•āļĢāļšāļļāļĐāļšāļē āļĄāļēāļĢāļĄāļĒāđŒ)

Faculty of Architecture and Planning, Thammasat University

Boris Zerjav (āļšāļ­āļĢāļīāļŠ āđ€āļ‹āļ­āļĢāđŒāļŪāļēāļŸ)

Dr. Fatemeh Arefian (āļ”āļĢ. āļŸāļēāļ•āļīāđ€āļĄāļ°āļŦāđŒ āļŪāļēāđ€āļĢāđ€āļŸāļĩāļĒāļ™)

UCL Institute for Risk and Disaster Reduction

Research Fund

The United Nations Office for Disaster Risk Reduction (UNISDR)

publication