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Finance the Future — Climate Resilience
The increased frequency and severity of climate-related disasters threaten both our built environment and the economy. To address these growing risks, governments, insurers, financial actors, and homeowners must improve the resilience of our infrastructure in preparation for future severe weather events while also addressing damage in the aftermath of climate disasters.
This article series explores challenges faced by households and communities, specifically historically underserved and socio-economically vulnerable populations, in the wake of extreme weather events. Each article provides examples of financing solutions that can be leveraged to advance resiliency efforts across the market to mitigate the growing financial and physical risks.
The article series covers:
- How the property and casualty insurance industry can explore new insurance frameworks, improve transparent data reporting, and incentivize building owners to take on property resilience improvements
- How city and state governments can apply for federal funding, use locally developed climate bonds, and work with private sector entities to finance resiliency projects
- How local communities and economies can enhance protection against severe weather-related damages with solutions that prioritize low-income and underserved households such as diverse funding options, collaboration, and better data for projections
- How homeowners and homebuyers can access data, funding, and programs that help them future-proof their assets
If you have any questions or would like to coordinate on future climate resilience finance work, please contact ewhite@rmi.org.
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