Investigating how private capital can be directed to finance projects that build resilience, reduce disaster risk and derive a financial return for investment.
Over the last decade, the costs of disasters have increased dramatically. As the impacts and the costs of disasters continue to rise, investing early in resilience reduces the impacts of a disaster and the costs of recovery.
In 2019, NAB and IAG convened the RIV, bringing cross-sectoral stakeholders together to investigate how public and private capital could be directed to finance new and existing infrastructure that:
Climate-KIC Australia were engaged by IAG and NAB to hold multi-day reflective workshops where the people involved in developing, designing and implementing the RIV were asked to:
After the workshops, we led a multi-organisational team that worked collaboratively to analyse the workshop data to summarise the process of the RIV and identify the insights and learnings.
The results from the workshops and collaborative analysis are outlined in this Insights Report.
Investigating how private capital can be directed to finance projects that build resilience, reduce disaster risk and derive a financial return for investment.
Over the last decade, the costs of disasters have increased dramatically. As the impacts and the costs of disasters continue to rise, investing early in resilience reduces the impacts of a disaster and the costs of recovery.
In 2019, NAB and IAG convened the RIV, bringing cross-sectoral stakeholders together to investigate how public and private capital could be directed to finance new and existing infrastructure that:
Revenue & Scale
Household level, community level & large-scale infrastructure level
And requires people who are motivated to empower and drive change.
For effective decision-making and innovation such as data on hazards and physical climate risks
To bridge the gap between finance sector, government, and the community
The insights from the RIV project can be used to focus on the way forward including
Melinda brings her experience working on climate partnerships and projects in the Pacific and the UK to lead adaptation and resilience projects. She draws on her legal and policy background and experience in knowledge brokering, facilitation and strategy to support cross-sectoral stakeholders working collaboratively to build resilience and adapt to climate change.
As Climate-KIC Australia’s Director of Systems Innovation Meredith brings her experience in strategy, design, innovation and facilitation to shape and deliver projects and portfolios for systemic impact. She leverages her experience in consulting, financial services, corporate innovation and a start up to help people and organisations tackle the complexity of climate action.
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