The Climate Resilience Portal explains how the impacts of climate change often disproportionately affect communities based on income and color, and reinforces the need for equitable and proactive resilience planning and resource allocation. The portal provides examples of resilience planning in the city of Phoenix, Arizona; Southern California Edison; and Queens, New York.
The portal organizes resilience by groups, and provides links for resilience solutions each group can use. There are links for business resilience solutions, federal resilience solutions, state resilience solutions, city resilience solutions, and financial resilience solutions.
The Center for Climate and Energy Solutions bases its organizations of sectors and resilience solutions based on the capabilities of each sector. The portal explains how businesses can factor climate risks into existing risk management frameworks to become more climate resilient.
Governments have an important role to play in updating infrastructure and helping communities cope with extreme weather, sea-level rise and other climate impacts. It goes into depth on financing resilience solutions.
The Climate Resilience Portal explains that governments and businesses obtain capital to invest in resilience projects through innovative finance mechanisms like green bonds and climate funds, and states participating in emissions-trading systems also allocate proceeds to resilience projects. Additionally, many federal and state insurance offices and private insurers offer lower rates for taking steps to reduce climate risks, providing additional savings later.
This page provides links to more information about the National Green Bank as an emerging opportunity to leverage private capital for resilience investment. The link to its Resilience Page also explores ways to finance infrastructure resilience.
Click here for more information.
