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Boosting resilience to modern-day threats – what is it worth?

Chief Resilience Officers Tie Economic Stability for All to Disaster Recovery in Cities

Santa Fe

A flood forced 100,000 people to evacuate Santa Fe, Argentina, in 2003. More than 150 people died in the disaster. It’s been nearly 15 years and the city’s leadership is still figuring out how to retrofit infrastructure and prepare for the next storm. One of the people at the center of this work is Chief Resilience Officer Andrea Valsagna.. CROs are becoming more prominent and commonplace in cities across the world. Last week, people from over 40 countries who have that title met in Manhattan for the 2017 Urban Resilience Summit. The event, part of the Rockefeller Foundation’s 100 Resilient Cities initiative, was a chance for Valsagna and her contemporaries to trade tips…

 

Boosting resilience to modern-day threats – what is it worth?

From protecting coastal towns against storms and rising seas, to helping poor farmers grow new crops, projects that equip people to overcome disasters and other threats can have wide-ranging benefits – but an inability to quantify those in dollar terms has held back much-needed investment, resilience experts say.

Economists at the RAND Corporation, a global think tank, have spent the past year working out how to demonstrate the social, environmental and economic impact of building resilience.

The result, published on Wednesday, is the Resilience Dividend Valuation Model, a first step towards measuring the outcomes of programs that assist…

 

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This entry was posted on 05/08/2017 by in Uncategorized and tagged , , .

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