The Chamber of Industries and Production (CIP) in Ecuador has taken a significant step to enhance the country’s disaster preparedness and response capabilities by establishing the Business Sector Trust for Disaster and Emergency Response (FISESPADE). Launched in 2023, this trust aims to streamline the process of receiving, organizing, and delivering donations from the private sector during large-scale emergencies, both within Ecuador and beyond its borders.
FISESPADE’s creation reflects CIP’s commitment to transparency and effective governance in disaster management. The trust allows for the efficient channeling of various forms of donations, including financial support, medical equipment, humanitarian supplies, and food, ensuring that aid reaches affected communities promptly and according to their specific needs.
Pablo Jiménez, Executive Vice President of CIP, emphasized the importance of this initiative: “With the FISEPADE, we seek to promote transparency and strengthen governance in situations of emergencies and disasters because it is essential to establish effective coordination that involves both the public and private sectors.”
The trust also aligns with CIP’s broader goal of supporting the public sector in disaster response and mitigation efforts. By providing a comprehensive guide for managing emergencies and disasters, FISESPADE enhances the institutional framework needed for effective coordination between businesses and government agencies during crises.
FISESPADE was launched with initial contributions from CIP and two affiliated companies, City Bank and Galapagos Islands Operators. The trust is now open to further contributions, inviting more businesses to participate in this crucial initiative aimed at bolstering Ecuador’s resilience to disasters and emergencies.
This effort marks a significant step towards improving disaster response mechanisms in Ecuador, demonstrating the vital role that the private sector can play in supporting national and international humanitarian efforts.
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