Resilience Valuation

Although the value of resilience is widely accepted, decision makers are sometimes reluctant to commit resources to it thinking that the return of such investments is uncertain and could only materialize in case of extreme events which have low probability to occur. We believe that resilience is a key constituent of sustainability with its benefits by far exceeding loss avoidance. Resilience is a design, operation and maintenance strategy which should generate revenues due to gains such as better terms of financing and insurance, enhanced bankability of projects, lower cost of ownership of infrastructure and support to local economic development. What’s more, all these benefits may materialize regardless of the occurrence of catastrophic events.