Abstract
 Sustainable Resiliency: Financing Environmental, Homeland Security, and Other Infrastructure Systems Track: Homeland Security/Homeland Defense Author(s): Bruce Cahan Banks and insurance companies provide capital to build and maintain urban infrastructure. Community performance benchmarks, infrastructure condition accounting, and environmental management standards are evolving tools. Proactive managers of public and private infrastructure systems deserve to be rewarded with lower interest rates and insurance premiums for the risks reduced through their sustainable resiliency practices, but lenders and insurers lack ways to measure reduced risk and improved solvency from such management. The savings in interest and insurance costs could fund sustainable development and hardening of critical systems. Spatially-aware infrastructure and program accounting information are essential prerequisites. Bottom line, sustainable resiliency is a new underwriting approach that could partially finance environmental stewardship, homeland security, and other domestic programs. Bruce Cahan Urban Logic 27 West 72nd Street - Suite 1204 New York , NY 10023 US Phone: (212) 399-9700 E-mail: bcahan@urbanlogic.org |
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