The National Institute of Building Sciences and Fannie Mae have released the Resilience Incentivization Roadmap 2.0. The document is intended to guide mitigation investment to prepare for and respond to natural disasters.
“Climate resilience will be key to sustainable homeownership as the impacts of climate change increase,” says Tim Judge, head of modeling & chief climate officer with Fannie Mae. “The roadmap provides tangible recommendations to promote resilient investment that U.S. housing certainly needs.”
The document includes sections on the business case for resilience; science, engineering, and evaluation tools; a framework for mitigation certification; discussion of what could prompt developers to invest more in mitigation features; the role of insurers; finance and investor incentives; and government policy.
“We looked at the motivations, barriers, and innovative ideas from each stakeholder group,” says Dr. Jiqiu Yuan, vice president of engineering, NIBS. “The Resilience Incentivization Roadmap provides recommendations that would form the basis for real-world applications to create value for all stakeholders.”
Nationally, on average, natural hazard mitigation saves $4-$11 in avoided future losses for each $1 invested, according to a NIBS study.
Related Stories
Microgrid | Jan 16, 2022
Resilience is what makes microgrids attractive as back-up energy controls
Jacobs is working with clients worldwide to ensure mission critical operations can withstand unexpected emergencies.
Sponsored | BD+C University Course | Jan 12, 2022
Total steel project performance
This instructor-led video course discusses actual project scenarios where collaborative steel joist and deck design have reduced total-project costs. In an era when incomplete structural drawings are a growing concern for our industry, the course reveals hidden costs and risks that can be avoided.
Resiliency | Oct 19, 2021
Achieving resiliency through integrated design
Planning for and responding to the effects of adverse shocks and stresses is typically what architects and engineers have always thought of as good standard design practices.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
Resiliency | Aug 4, 2021
A new team forms to assess climate change’s effects on the built environment
Arup and First Street Foundation are using extensive datasets to develop risk-mitigating resilience solutions.
Resiliency | Jul 15, 2021
A new report urges federal investment in healthier buildings
The National Institute of Building Sciences also calls for code changes and greater cooperation between building owners and the AEC community.
Resiliency | Jun 24, 2021
Oceanographer John Englander talks resiliency and buildings [new on HorizonTV]
New on HorizonTV, oceanographer John Englander discusses his latest book, which warns that, regardless of resilience efforts, sea levels will rise by meters in the coming decades. Adaptation, he says, is the key to future building design and construction.
High-rise Construction | May 27, 2021
The anti-high rise: Seattle's The Net by NBBJ
In this exclusive video interview for HorizonTV, Ryan Mullenix, Design Partner with NBBJ, talks with BD+C's John Caulfield about a new building in Seattle called The Net that promotes wellness and connectivity.
Resiliency | Mar 2, 2021
Elizabeth River Project's Resilience Lab set to break ground this year
Work Program Architects is designing the project.