
Environment
Reimagining Community Resilience: Innovative Financing for a Climate-Resilient Future
The report addresses the need to rethink the assumptions and financing tools for community resilience in the face of growing loss and climate risk. It highlights the lack of progress in investing in resilience due to reactive and outdated models. A shared risk and shared value approach is proposed. It is crucial that local governments connect climate risk with budget planning and integrate resilience concepts into government practices to unlock opportunities.