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USAID and Rockefeller Foundation annouces $100 million global resilience partnership in Asia and Africa

USAID and Rockefeller Foundation annouces $100 million global resilience partnership in Asia and Africa

by | Aug 19, 2014 | News & Events

BANGKOK, August 19, 2014 – The U.S. Agency for International Development (USAID) and the Rockefeller Foundation have announced a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to disasters, food insecurity, the effects of climate change and other factors contributing to poverty in communities across Asia and Africa. Each year, hundreds of millions of people are struck by sudden shocks, such as typhoons, storms, floods, earthquakes and tsunamis that destroy lives and livelihoods in an instant. Equally destructive are the slower chronic stresses, like rising temperatures and changing weather and disease patterns, which affect workers, water and food supplies, sometimes to the point of crisis. The poor suffer the greatest setbacks in these situations, as they often lack the ability or resources to protect their lives and possessions. This comes at a cost to all of society, as experts estimate that nearly one-third of all development investments are lost to disasters. “Disasters have been increasing in Asia because more people are in harm’s way without the means to protect their loved ones and their possessions,” said Michael Yates, Director of the USAID Regional Development Mission for Asia. “To change this, we will build networks through this Partnership and solicit the best ideas from local government, the private sector and civil society, so that our collective investments will protect lives and livelihoods.” The Global Resilience Partnership will focus on South and Southeast Asia, the Sahel and the Horn of Africa—areas particularly susceptible to disasters or crises of all kinds.The Partnership funds will play a catalytic role, encouraging others to take action. By building...