The True Cost of Disaster Preparedness – Unprepared and Prepared

Co-Chair

Gwen Camp
Director of Individual and Community
  Preparedness/National Preparedness
  Directorate 
FEMA

Gregg O’Ryon
Vice President, Program Development
American Red Cross
United States of America

Brian Rhoa 
Chief Financial Officer
American Red Cross
United States of America

Session Leaders

Malikah Berry
Vice President, Community Impact
Points of Light Foundation
United States of America

Regina Benjamin
Chair
Xavier University
United States of America

Art Faulkner
Director
Alabama Emergency Management Agency
United States of America

Suzanne Mayo-Theus
Vice President, Institutional Advancement
Wiley College
United States of America

Eric Nankervis
Emergency Preparedness Manager
Points of Light
United States of America

H. Phillip Paradice, Jr.
Regional Director
U.S. Economic Development Administration
United States of America

Barry Scanlon
Senior Vice President of Government Relations
WITT Associates
United States of America

Esther Silver-Parker
President
The Silver Parker Group
United States of America


The 2013 Global Summit working group sessions will provide private sector best practices and public sector policy building blocks necessary for expanding Silver Rights, free enterprise and capitalism for all. Working group sessions are led by co-chairs and session leaders in breakout salons where summit delegates, representing over twenty-five (25) countries from the; community, faith, private and government sectors will share thoughts and best practices under the theme Global Economic Recovery: How the Poor Can Help Save Capitalism.

The Global summit working group sessions will focus on “solutions-only” dialog that will result in promising ideas, strategies and policy recommendations to G20 leaders. The 2013 Global Summit working group session topics will consist of:

1. Banking the Unbanked: One Size Does Not Fit All
2. Making Finance Mobile:  Banking with Any Device, Anywhere for Everyone
3. Youth Economic Energy and Understanding the Entrepreneurship Paradigm
4. The True Cost of Disaster Preparedness – Unprepared and Prepared
5. Building a Framework for Change Through Philanthropy
6. Sustainable Finance (Access to Capital)
7. The Power of Good Credit, (Growing jobs in emerging markets)
8. Building Wealth through Homeownership, Post Crisis

 

The True Cost of Disaster Preparedness Failure and Recovery

In the past two decades, worldwide, there has been a steady and dramatic increase in the quantity and severity of catastrophic disasters worldwide. We, as a collective group of humanity, have been able to witness the impact that disasters have had on personal, business and government levels. Emergencies often come when we least expect it, yet many of us do not think to prepare for our financial interests in advance

The immediate effects are often measured in the loss of human life and estimated property damage values.  However, there is a much broader and long-term effect on a disaster location’s economy. The survivability of personal, business and government operations is vital to the overall economic recovery of that area.

The primary factor in determining an individual’s or entity’s ability to survive and recover from a disaster, without question, comes from the ability to be prepared and the ability to mitigate losses.

The importance of informing and educating people, prior to a disaster,  is key to being prepared. In addition to pre-disaster education, providing tools that will allow people to organize financial documents, develop a communication plan and secure disaster supply kits, are key components for viable economic sustainability.