Recent major disasters, such as Hurricanes Katrina and Sandy—and their considerable financial, social,*and environmental impacts— have substantially raised the profile of resilience in communities. *Resilience has come to occupy a place in public policy and programs across the United States.*Yet, even in the face of growing losses and the deleterious effects of natural disasters, the*nation’s capacity and appetite is waning for continued funding of federal and state pre- and post disaster*mitigation efforts to create resilience.
The National Institute of Building Sciences,*Multihazard*Mitigation Council (MMC), MMC Resilience Committee, and the Council on Finance,*Insurance, and Real Estate (CFIRE), as well as members of the Institute’s Board of Directors,*supported the development of this white paper to define a new approach [HERE].
This new approach is focused on*capturing all of the potential incentives provided by both the public and private sectors for preand*post-hazard investment. The most cost-effective manner to achieve resilience is through a*holistic and integrated set of public, private, and hybrid programs based on capturing*opportunities available through mortgages and loans; insurance; finance; tax incentives and*credits; grants; regulations; and enhanced building codes and their application. This focus on*private/public-sector opportunities to induce corrective action is called “incentivization.”
For more information about*The National Institute of Building Sciences, click here –*https://www.nibs.org/?page=mmc
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The National Institute of Building Sciences,*Multihazard*Mitigation Council (MMC), MMC Resilience Committee, and the Council on Finance,*Insurance, and Real Estate (CFIRE), as well as members of the Institute’s Board of Directors,*supported the development of this white paper to define a new approach [HERE].
This new approach is focused on*capturing all of the potential incentives provided by both the public and private sectors for preand*post-hazard investment. The most cost-effective manner to achieve resilience is through a*holistic and integrated set of public, private, and hybrid programs based on capturing*opportunities available through mortgages and loans; insurance; finance; tax incentives and*credits; grants; regulations; and enhanced building codes and their application. This focus on*private/public-sector opportunities to induce corrective action is called “incentivization.”For more information about*The National Institute of Building Sciences, click here –*https://www.nibs.org/?page=mmc
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