CDRI Biennial Report on Global Infrastructure Resilience: Capturing the Resilience Dividend
The CDRI Biennial Report on Global Infrastructure Resilience fills a crucial gap in understanding infrastructure resilience and lays a solid foundation for advocating resilience-focused investments. With major infrastructure investments imminent, this inaugural edition highlights the necessity of such investments by detailing the resilience dividend—key benefits including avoided asset losses, reduced service disruptions, improved public services and enhanced economic and environmental outcomes. The Report introduces the Global Infrastructure Risk Model and Resilience Index (GIRI), the first comprehensive global assessment of infrastructure risks from hazards like earthquakes, floods and cyclones. It offers financial metrics to help governments and investors evaluate their liabilities and risks. Essential for advancing the Sustainable Development Goals, the Report is a vital resource for policymakers and financial institutions, stressing the urgent need for increased financial support to developing countries to build resilient infrastructure in the face of climate change.