Investment and Enterprise Development Section Trade, Investment and Innovation Division United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Bangkok THA
Consisting of executives and representatives of leading businesses in a wide range of industries and sectors from across the Asia-Pacific region, the ESCAP Sustainable Business Network (ESBN) is set up to drive businesses in working towards the 2030 Sustainable Agenda and associated Sustainable Development Goals (SDGs). The ESBN Task force on Disaster and Climate Risk Reduction promotes the effective participation of business in disaster and climate risk reduction (DCRR). Its project titled ESBN MARITIME SECTOR STRATEGIES TO AUGMENT TSUNAMI MONITORING engages the maritime sector and submarine telecommunications networks on strategies to make use of high accuracy GPS and Global Navigation Satellite Systems (GNSS) data with ships, radar/laser sea surface height (for stationary platforms), and dedicated ocean floor cable-based observatories, respectively, to augment tsunami monitoring in a more cost-effective and more maintainable manner. This work came about due to the impacts of vandalism, theft, limited budgets, and technical damage that leave a fair fraction of all tsunami buoys not functional and thus greatly compromising early warning on tsunami. Because of this gap, lives and livelihoods of coastal communities continue to be needlessly exposed. A Steering Committee holds the reins on advancing this critical work.