Insurance Australia Group
Resilience Investment Vehicle Insights Report
Pages
41
Time to read
47 mins
Publication
Language
English
Pages
41
Time to read
47 mins
Publication
Language
English
This report is classified as an insights report and was prepared for National Australia Bank Limited (NAB) and Insurance Australia Group (IAG) by Climate-KIC Australia. It aims to provide insights into how public and private capital can be directed to finance projects that enhance community resilience against disasters and climate change impacts. The report outlines the establishment of the Resilience Investment Vehicle (RIV) in 2019, which sought to explore innovative funding mechanisms for resilience projects. It details the collaborative efforts among various stakeholders, including government agencies and research entities, to identify barriers to investment and develop frameworks for resilience funding. The report also discusses the need for a system shift in investment strategies and highlights key insights from pilot projects, emphasizing the importance of ongoing collaboration and clear revenue streams for successful resilience investment. The findings aim to inform future strategies for increasing investment in resilience-building initiatives.