Sign up to our newsletter
    • Home
    • Jobs
    • News
    • Events
    • Advertise with us
    • What we do
    • News
    • Global Infrastructure Resilience
     
    October 18, 2023

    Global Infrastructure Resilience

    NewsWater

    The Coalition for Disaster Resilient Infrastructure has published the Global Infrastructure Resilience Report.

    The biennial report addresses a crucial void in the ongoing discourse on infrastructure resilience by providing a compelling argument from economic, financial, and political perspectives for prioritizing investments in resilience. It brings together an unprecedented collection of evidence, delivering a strong case to significantly increase infrastructure resilience investments.

    One of the report’s groundbreaking contributions is the introduction of the Global Infrastructure Risk Model and Resilience Index (GIRI). Developed by a consortium of esteemed scientific and technical organizations in collaboration with CDRI, this innovative tool generates a comprehensive set of publicly accessible financial risk metrics for every country and territory worldwide. These metrics cover all major infrastructure sectors, including power and energy, transport, telecommunications, water and wastewater, ports and airports, oil and gas, health, and education. Additionally, GIRI assesses the risks associated with various major hazards, such as earthquakes, tsunamis, landslides, floods, cyclonic winds, storm surges, and hydrological droughts.

    Moreover, these financial risk metrics facilitate the evaluation of the “resilience dividend.” This concept encompasses the wide array of benefits resulting from investments in infrastructure resilience. These benefits include preventing asset losses, minimizing service disruptions, enhancing the quality and reliability of public services, accelerating economic growth and social development, reducing carbon emissions, fostering biodiversity, improving air and water quality, and optimizing land use, among others. Throughout the lifespan of most infrastructure assets, the resilience dividend typically exceeds the additional investment required by several folds.

    The report further spotlights Nature-based Infrastructure Solutions (NbIS), emphasizing their role in complementing, substituting, or safeguarding traditional “grey” infrastructure. It advocates for enabling activities like bolstering knowledge and capacities, documenting best practices, and formulating appropriate standards. These efforts are essential in transitioning NbIS from its status as a novel approach into an everyday practice, particularly in critical sectors such as water management and hazard mitigation.

    This inaugural edition of CDRI’s Biennial Report is a valuable resource for governments, investors, and stakeholders worldwide. It is designed to foster discussions and facilitate the implementation of key re

    Download the Executive Summary or the full report.

    Tagged: infrastructure, Resilience

    Ocean and Coastal Futures Ltd
    23 Hauxley Links
    Low Hauxley
    Morpeth
    Northumberland
    NE65 0JR

    • LinkedIn
    • X

    Telephone: 07759 134801

    Email: CMS@coastms.co.uk

    Subscribe to our newsletter

    Sign up now

    All content copyright © Ocean and Coastal Futures

    Data protection and privacy policy

    Data Protection and Privacy Policy
    Ocean and Coastal Futures, formerly known as Communications and Management for Sustainability

     


    Data Protection and Privacy Policy
    Ocean and Coastal Futures, formerly known as Communications and Management for Sustainability