Interactive Simulation: Changing Incentives with Community Resilience Partnerships

Climate Change is driving a rise in economic and human risk with particular impact on coastal cities. Prevention, preparedness & risk-reduction are supported by stakeholders as the most cost-effective approach to resilience. Financial, Policy, and Partnership innovations can reward organizations that take actions to build resilience and remove systemic risk.

The 1BC session will engage attendees in a facilitated incentives role play to demonstrate the power of collective action to build the resilience at the community level. IFRC will share community experiences with the expertise of government and private sector participants to explore how local action can meet community needs, what barriers prevent better collaboration across sectors, and ultimately determine the role innovative finance and risk partnerships could play in solutions.