Resilience Valuation
Initiative


SEEKING A PRACTICAL, CLEAR AND RELIABLE WAY
TO VALUE RESILIENCE


ABOUT THE INITIATIVE     LATEST STATEMENT

THE RESILIENCE VALUATION INITIATIVE
is seeking to advance an accepted process with enabling methodologies for understanding the value of a resilience-building asset, network, feature or activity. The Resilience Valuation Initiative (RVI) coalition was established by the Australian Business Roundtable for Disaster Resilience & Safer Communities.

STATEMENT 3

APPLICABILITY AND USEFULNESS OF TOOLS AND METHODOLOGIES TO SELECTED DECISIONS


Organisations seeking to value the benefits of natural hazard and climate resilience can access a growing array of methods and tools. The Resilience Valuation Initiative has identified several that specifically include a systems approach and seek to value intangible benefits and novel value flows.


READ ONLINE     DOWNLOAD PDF

"By being involved in this program we're hoping to contribute to building a resilience valuation model so that we make better decisions working together to make a better tomorrow."

Woolworths

"The Resilience Valuation Initiative makes an important contribution to the issue of systemic disaster risk and the need to mitigate future risks in the investment decisions we make as a nation. We need to plan to avoid systemic failure and invest in mitigation when setting long-term sustainability goals. Inclusive governance, and investment is key to not only long-term sustainability but short-term, incremental interventions. The methodology that the RVI aims to develop will provide a consistent way to value resilience across our investment decisions."

Australian Institute for Disaster Resilience

"The ABR’s resilience valuation initiative will provide a useable methodology and tools to help articulate the value of resilience investments and build the evidence base for greater prioritisation of resilience funding across all levels of government. Trialling new methods will help us understand the value of resilience and foster the right initiatives to meet community resilience needs."

Queensland Reconstruction Authority

"Resilient infrastructure and investment is not just about meeting society’s needs today, it’s about ensuring those needs are met tomorrow, and the next day, and the day after that. By providing methods for valuing resilience into the planning, design, construction and operation of the services that most of use every day, the RVI increases the opportunity for all of us to enjoy a safer, more resilient future."

Resilient Projects