Last week, the DTU team of Caroline Schaer, Kirsten Halsnæs and Per Kaspersen went to Mumbai for the Disaster Risk Management project in India. The project aims to develop a sustainable model for engaging small and medium sized enterprises (SMEs) in flood risk prevention and adaptation, by identification, financing and implementation of specific commercially and technically viable measures.
The team worked with MP Ensystems, our local partners in Mumbai, and a number of local experts. Based on a tool developed by DTU, the team analysed the viability of potential and currently applied strategies for SMEs to prevent and adapt to recurrent floods.
The project in Mumbai is part of the Admire mission. The common goal for all projects under the Admire Mission is identification and design of scalable and commercially viable business models utilizing private sector capital and expertise done in a close collaboration with all relevant local stakeholders in order to receive funding for implementation.
For more on the India Admire project, click here.