What it's about:
A new resilience tool is at hand.
The RAND Corporation has teamed up with the Rockefeller Foundation to develop a modelling framework that can be used to estimate the net benefits of a given resilience project.
The Resilience Dividend Valuation Model (RDVM), launched in early August, offers NGOs, practitioners, governments and others the ability to quantify the economic value of their work - and demonstrate it to investors.
The report outlines the RDVM, as well as providing a number of international case studies to demonstrate how the model can be applied across diverse settings.
Read more on Zilient below and join our interactive webinar to discuss the model on August 10 (register here).
Boosting resilience to modern-day threats - what is it worth?
Valuing the resilience dividend: A new way forward
Why it's noteworthy:
The RDVM is designed to provide a systematic, structural framework for assessing resilience interventions that ultimately create benefits and costs within a system, such as a community or city.
While the model is not designed to be a one-size-fits-all tool, it provides a way to systematically account for the returns to resilience investments across a range of contexts.
The RDVM is a first step towards measuring the outcomes of programmes that assist people and places to survive, adapt and grow in the face of globalisation, urbanisation, climate change and other modern-day challenges.
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