Meridiam, The Rockefeller Foundation to launch resilience infra fund

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The Rockefeller Foundation, in partnership with Meridiam, is set to launch an urban resilience infrastructure fund.

 The goal of the partnership is to create an industry standard for resilience infrastructure. This will include mitigating the Environmental, Social and Governance (ESG) risks of a project, meeting indicators from the United Nations Sustainable Development Goals (SDGs) framework, and ensuring that projects are tailored to resolve resilience challenges in individual communities.

The partnership will also develop an Urban Resilience Screen, to help investors evaluate the resilience of an infrastructure project, consisting of its ability to withstand sudden shocks and prolonged stresses, minimize negative impacts on the environment and society, as well as contribute positively to health, job creation, and community cohesion. The wide adoption of this methodology will enable investors to contribute to the urban environment in a systemic way that maximizes climate resilience and positive social co-benefits.

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