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H&M Foundation Funds Disaster Management Project for India Communities
H&M Foundation Funds Disaster Management Project for India Communities

Yahoo

time31-01-2025

  • Business
  • Yahoo

H&M Foundation Funds Disaster Management Project for India Communities

The H&M Foundation announced a partnership with the Sustainable Environment & Ecological Development Society (SEEDS) to reinforce resilience in a few vulnerable and disaster-prone Indian communities impacted by climate change. The three-year project (running 2024-2027) is backed with a 'financial commitment' of 7.5 million krona (about $681,000) from the Swedish retailer's nonprofit arm, which the Stefan Persson family privately funds. This funding is expected to benefit a quarter of a million people, emphasizing communities in Assam and Uttar Pradesh. More from Sourcing Journal Bangalore Garment Workers Score 'Landmark' Win With Covid-19 Settlement A Peek Inside India's $9 Billion Vadhvan Port Project New Partnership Brings Guess Jeans to India These regions are hot spots for climate-related calamity, leading to both short-term (death, forced relocation) and long-term (financial strains, emotional distress) disruptions. Thus, the project is taking a multi-phase strategy, triaging emergency response and relief before rehabilitation and reconstruction. Holistically, the project's overall objective is to 'go beyond' the actual disaster to create sustainable and 'equitable disaster-affected' communities. The systems change approach will address policies, practices, resource flows and behavioral change. 'This partnership marks a significant step towards building resilient and sustainable communities in Assam and Uttar Pradesh,' said Kristina Svartling, project manager at the H&M Foundation. 'By addressing both immediate relief and long-term recovery, we aim to empower the most vulnerable populations to withstand future disasters and climate challenges. This collaboration is not just about rebuilding what was lost, but about creating a foundation for a brighter, more inclusive future.' One portion of the budget is for immediate relief efforts— covering water, food, shelter and medical supplies. Most of the financing, though, is funding the long-term recovery efforts. That includes ensuring access to clean water and secure shelters, ultimately equipping these regions with the tools needed to be ready (as ready as one can be, I guess?) for the next climate disaster. 'Further, environmental sustainability is integrated in the project with the aim of providing long-term health of eco-systems and communities,' the H&M Foundation said in a statement. 'By implementing sustainable infrastructure such as waste management, renewable energy, and biodiversity conservation, environmental well-being and community resilience are recognized as interconnected systems.' SEEDS is a not-for-profit organization that has been around for three decades, working to build resilience among marginalized communities that are vulnerable to disasters and the impacts of climate change.

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