Potential Disaster Risk Reduction Strategy Elements for Ecuador
Sun Mountain International (SMIC)
The study details social, environmental, and resilience vulnerabilities, as well as financial activities that could have a strong, macroeconomic impact on Ecuador. It also considers potential social and environmental losses at the local and national levels, including the institutional dynamic that characterizes risk management in the country. This study is divided into four stages: 1) Strategic actions to avoid potential losses; 2) Based on Stage 1, strategy proposals to reduce potential losses in the event of a natural disaster; 3) Proposal of financial strategies to cover the gap between potential losses and projected available financial resources; 4) Conclusions and recommendations to execute the proposals identifying the institutions that will be in charge of implementing strategies and economic resources for appropriate Risk Management.