APEC’s 21 member economies are disproportionately impacted by natural disasters. The Asia Pacific region has witnessed firsthand, disruptions caused by natural disasters which have resulted in significant economic costs. For example, the Chao Phraya flood in Thailand (2011) is estimated to have caused losses of US$43 billion and affected companies worldwide. Annual Global Climate and Catastrophe report indicates that Hurricane Sandy on the US East Coast in 2012 is estimated to have caused damage estimated around approximately US$65 billion.
In 2014, a multi-year Action Plan which consists of seven guiding principles was endorsed by TPTWG members at the 38th APEC Transportation Working Group. Since then, TPTWG in close collaboration with the Emergency Preparedness Working Group (EPWG), has led the development of this work within APEC. The aim of this work has been to guide the delivery of a series of projects focused on building the capacity of APEC member economies, particularly developing economies, to strengthen the resilience of supply chains to withstand the impacts of natural disasters.
As this program nears its fourth year of implementation, the United States proposes to undertake a stock-take of all APEC initiatives that have been implemented under TPTWG since 2014.
The primary objective of the stock-take is to contribute to the evidence base around what progress has been achieved since 2014, using as a framework, the seven APEC principles. This study will review the outputs delivered and the extent to which the projects have contributed to any changes in processes, policies or guidelines as a result of knowledge gained by workshop participants. This will provide stakeholders with relevant information to guide improvements to existing processes and systems, identify gaps and inform thinking about future initiatives.
The secondary objective is to distil key learnings and project related information from both the APEC-wide regional workshops as well as economy-specific activities led by the United States.
The study will involve collating information through a desk review of key document as well as through customized surveys and interviews of key stakeholders.
The stock-take will commence in August and will be completed in September 2017. The deliverable will be a study report highlighting key findings and recommendations which will inform future programming directions.